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2718 Sylvan Way, McKinney, TX 75072

4 beds • 4 baths • 4339 sqft

$1,375,000

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This property looks like a bad Airbnb investment with a projected -25.4% first-year return on $313k initial cash invested.

-25.4%

Cash On Cash

0.3%

Cap Rate

0.05

DSCR

$3,956

Rent

-$6,619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$313k

Downpayment

20%

$275k

Closing costs

1%

$13,750

Rehab

0%

$0

Furnishing

2%

$24,000

Cashflow

Total Income

$3,956

Total Expenses

$10,575

Mortgage P&I

172%

$6,801

Property Taxes

34%

$1,342

Home Insurance

12%

$481

HOA

1%

$53

Property Management

15%

$593

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$989

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Comparable Property

Rent

ADR

Beds

Baths

Distance

TCH - Comfortable 4bd/2ba home in McKinney w/ Off.

$5,178

$266

4

2

0.56 mi

Best Deal 4BR w EV Charger - SuperHost!

$2,453

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4

2.5

0.48 mi

Unwind Fireside & Play Pool! Idyllic McKinney Home

$4,867

$250

4

2.5

0.69 mi

Cozy & Cute 3bd 3bth home!

$4,069

$209

3

3

0.48 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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