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2809 Meadow Bluff Dr, Wylie, TX 75098

3 beds • 2 baths • 1934 sqft

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This property looks like a bad Airbnb investment with a projected -15.49% first-year return on $88,392 initial cash invested.

-15.49%

Cash On Cash

2.24%

Cap Rate

0.37

DSCR

$2,338

Rent

-$1,141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,338 income − $3,479 expenses = $1,141 out of pocket

Income$2,338Out of Pocket$1,141Mortgage P&I$1,67372%Property Taxes$53723%Insurance$1215%HOA$251%Management$35115%CapEx$944%Maintenance$944%Other$58425%

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,392

Downpayment

20%

$67,040

Closing costs

1%

$3,352

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,338

Total Expenses

$3,479

Mortgage P&I

72%

$1,673

Property Taxes

23%

$537

Home Insurance

5%

$121

HOA

1%

$25

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$584

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