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$3,362 (target)

4604 Farringdon Ln, McKinney, TX 75070

3 beds • 2 baths • 1703 sqft

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This property looks like a bad Mid-Term investment with a projected -6.76% first-year return on $103k initial cash invested.

-6.76%

Cash On Cash

4.59%

Cap Rate

0.78

DSCR

$3,362

Rent

-$581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,362 income − $3,943 expenses = $581 out of pocket

Income$3,362Out of Pocket$581Mortgage P&I$1,99859%Property Taxes$61118%Insurance$1454%HOA$471%Management$40312%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$37011%

Investment Breakdown

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Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,140

Closing costs

1%

$4,057

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,362

Total Expenses

$3,943

Mortgage P&I

59%

$1,998

Property Taxes

18%

$611

Home Insurance

4%

$145

HOA

1%

$47

Property Management

12%

$403

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$370

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