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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 -11.87% first-year return on $116k initial cash invested.

-11.87%

Cash On Cash

3.51%

Cap Rate

0.58

DSCR

$3,776

Rent

-$1,144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,776 income − $4,920 expenses = $1,144 out of pocket

Income$3,776Out of Pocket$1,144Mortgage P&I$2,35462%Property Taxes$56615%Insurance$1634%HOA$251%Management$56615%CapEx$1514%Maintenance$1514%Other$94425%

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

$3,776

Total Expenses

$4,920

Mortgage P&I

62%

$2,354

Property Taxes

15%

$566

Home Insurance

4%

$163

HOA

1%

$25

Property Management

15%

$566

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$944

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