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500 Lake Village Dr, McKinney, TX 75071

3 beds • 3 baths • 2368 sqft

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This property looks like a bad Airbnb investment with a projected -13.03% first-year return on $125k initial cash invested.

-13.03%

Cash On Cash

3.18%

Cap Rate

0.53

DSCR

$4,145

Rent

-$1,361

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,145 income − $5,506 expenses = $1,361 out of pocket

Income$4,145Out of Pocket$1,361Mortgage P&I$2,54961%Property Taxes$73618%Insurance$1844%HOA$471%Management$62215%CapEx$1664%Maintenance$1664%Other$1,03625%

Investment Breakdown

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Purchase Price

$511k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,113

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,145

Total Expenses

$5,506

Mortgage P&I

62%

$2,549

Property Taxes

18%

$736

Home Insurance

4%

$184

HOA

1%

$47

Property Management

15%

$622

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,036

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