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5021 Norfolk Dr, Plano, TX 75023

3 beds • 2 baths • 2114 sqft

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This property looks like a bad Airbnb investment with a projected -15.32% first-year return on $135k initial cash invested.

-15.32%

Cash On Cash

2.45%

Cap Rate

0.42

DSCR

$3,610

Rent

-$1,729

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,590

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$5,339

Mortgage P&I

75%

$2,724

Property Taxes

19%

$687

Home Insurance

5%

$196

HOA

0%

$0

Property Management

15%

$542

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$902

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