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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 -17.05% first-year return on $125k initial cash invested.

-17.05%

Cash On Cash

2.11%

Cap Rate

0.35

DSCR

$3,335

Rent

-$1,781

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,335 income − $5,116 expenses = $1,781 out of pocket

Income$3,335Out of Pocket$1,781Mortgage P&I$2,54976%Property Taxes$73622%Insurance$1846%HOA$471%Management$50015%CapEx$1334%Maintenance$1334%Other$83425%

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

$3,335

Total Expenses

$5,116

Mortgage P&I

76%

$2,549

Property Taxes

22%

$736

Home Insurance

6%

$184

HOA

1%

$47

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$834

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