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2314 Club Oaks Ct, McKinney, TX 75072

3 beds • 3 baths • 1924 sqft

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This property looks like a bad Airbnb investment with a projected -13.7% first-year return on $116k initial cash invested.

-13.7%

Cash On Cash

3.02%

Cap Rate

0.5

DSCR

$3,440

Rent

-$1,320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,440 income − $4,760 expenses = $1,320 out of pocket

Income$3,440Out of Pocket$1,320Mortgage P&I$2,35468%Property Taxes$56616%Insurance$1635%HOA$251%Management$51615%CapEx$1384%Maintenance$1384%Other$86025%

Investment Breakdown

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Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,000

Closing costs

1%

$4,650

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,440

Total Expenses

$4,760

Mortgage P&I

68%

$2,354

Property Taxes

16%

$566

Home Insurance

5%

$163

HOA

1%

$25

Property Management

15%

$516

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$860

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