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405 N Chestnut St, McKinney, TX 75069

3 beds • 3 baths • 2283 sqft

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This property looks like a bad Long-Term investment with a projected -16.93% first-year return on $110k initial cash invested.

-16.93%

Cash On Cash

2.83%

Cap Rate

0.46

DSCR

$2,610

Rent

-$1,555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,610

Total Expenses

$4,165

Mortgage P&I

102%

$2,662

Property Taxes

25%

$641

Home Insurance

7%

$184

HOA

0%

$0

Property Management

10%

$261

CapEx

5%

$130

Vacancy

6%

$157

Maintenance

5%

$130

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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3

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3

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3

3.5

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4

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1.3 mi

1255 S Forest Knoll St

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2

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2

1

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5

4

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$1,100

2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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