REI Lense

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$3,525 (target)

2314 Club Oaks Ct, McKinney, TX 75072

3 beds • 3 baths • 1924 sqft

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This property looks like a bad Mid-Term investment with a projected -8.11% first-year return on $116k initial cash invested.

-8.11%

Cash On Cash

4.42%

Cap Rate

0.73

DSCR

$3,525

Rent

-$782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,525 income − $4,307 expenses = $782 out of pocket

Income$3,525Out of Pocket$782Mortgage P&I$2,35467%Property Taxes$56616%Insurance$1635%HOA$251%Management$42312%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%

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

$3,525

Total Expenses

$4,307

Mortgage P&I

67%

$2,354

Property Taxes

16%

$566

Home Insurance

5%

$163

HOA

1%

$25

Property Management

12%

$423

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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