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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 Long-Term investment with a projected -26.77% first-year return on $289k initial cash invested.

-26.77%

Cash On Cash

0.45%

Cap Rate

0.07

DSCR

$3,020

Rent

-$6,442

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

$289k

Downpayment

20%

$275k

Closing costs

1%

$13,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,020

Total Expenses

$9,462

Mortgage P&I

225%

$6,801

Property Taxes

44%

$1,342

Home Insurance

16%

$481

HOA

2%

$53

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

2631 Valley Creek Trl, Mckinney, TX 75072

$3,850

4

4

3179

0.8 mi

904 Snyder Dr, Mckinney, TX 75072

$3,800

4

3.5

3462

0.7 mi

1317 Brimwood Dr, Mckinney, TX 75072

$3,450

4

3.5

3220

0.5 mi

420 Preston Creek Dr, Mckinney, TX 75072

$3,000

4

3.5

3267

0.8 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

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