REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

2405 Rockhill Rd, McKinney, TX 75072

3 beds • 2 baths • 1530 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.8% first-year return on $73,248 initial cash invested.

-11.8%

Cash On Cash

3.77%

Cap Rate

0.64

DSCR

$2,200

Rent

-$720

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,248

Downpayment

20%

$69,760

Closing costs

1%

$3,488

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,200

Total Expenses

$2,920

Mortgage P&I

78%

$1,706

Property Taxes

24%

$517

Home Insurance

6%

$125

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2331 Brookview Dr, Mckinney, TX 75072

$1,995

3

2

1526

0.3 mi

2329 Cuesta Ln, Mckinney, TX 75072

$1,900

3

2

1479

0.1 mi

2508 Emerald Ln, Mckinney, TX 75071

$1,950

3

2

1533

0.8 mi

2509 N Brook Dr, Mckinney, TX 75072

$2,200

3

2

1594

0.3 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis