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2630 Briarcove Dr, Plano, TX 75074

3 beds • 2 baths • 1783 sqft

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This property looks like a bad Airbnb investment with a projected -19.42% first-year return on $96,519 initial cash invested.

-19.42%

Cash On Cash

1.93%

Cap Rate

0.29

DSCR

$2,202

Rent

-$1,562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,202 income − $3,764 expenses = $1,562 out of pocket

Income$2,202Out of Pocket$1,562Mortgage P&I$2,07694%Property Taxes$49723%Insurance$1356%Management$33015%CapEx$884%Maintenance$884%Other$55025%

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,519

Downpayment

20%

$74,780

Closing costs

1%

$3,739

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,202

Total Expenses

$3,764

Mortgage P&I

94%

$2,076

Property Taxes

23%

$497

Home Insurance

6%

$135

HOA

0%

$0

Property Management

15%

$330

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$550

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