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2616 Greencastle Ln, Plano, TX 75075

3 beds • 2 baths • 1946 sqft

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This property looks like a bad Airbnb investment with a projected -6.74% first-year return on $110k initial cash invested.

-6.74%

Cash On Cash

4.74%

Cap Rate

0.79

DSCR

$4,006

Rent

-$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,006 income − $4,622 expenses = $616 out of pocket

Income$4,006Out of Pocket$616Mortgage P&I$2,18054%Property Taxes$3619%Insurance$1584%Management$60115%CapEx$1604%Maintenance$1604%Other$1,00225%

Investment Breakdown

|

Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,380

Closing costs

1%

$4,369

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,006

Total Expenses

$4,622

Mortgage P&I

54%

$2,180

Property Taxes

9%

$361

Home Insurance

4%

$158

HOA

0%

$0

Property Management

15%

$601

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,002

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