REI Lense

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$3,382 (target)

5308 Highlands Dr, McKinney, TX 75070

3 beds • 2 baths • 1754 sqft

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This property looks like a bad Mid-Term investment with a projected -2.15% first-year return on $95,532 initial cash invested.

-2.15%

Cash On Cash

5.92%

Cap Rate

0.98

DSCR

$3,382

Rent

-$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,382 income − $3,553 expenses = $171 out of pocket

Income$3,382Out of Pocket$171Mortgage P&I$1,85755%Property Taxes$38311%Insurance$1314%HOA$331%Management$40612%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%

Investment Breakdown

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Purchase Price

$369k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,532

Downpayment

20%

$73,840

Closing costs

1%

$3,692

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,382

Total Expenses

$3,553

Mortgage P&I

55%

$1,857

Property Taxes

11%

$383

Home Insurance

4%

$131

HOA

1%

$33

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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