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$3,866 (target)

6224 Montage Dr, McKinney, TX 75071

3 beds • 4 baths • 2814 sqft

$1,019,999

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This property looks like a bad Long-Term investment with a projected -22.69% first-year return on $214k initial cash invested.

-22.69%

Cash On Cash

1.33%

Cap Rate

0.23

DSCR

$3,866

Rent

-$4,050

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,866 income − $7,916 expenses = $4,050 out of pocket

Income$3,866Out of Pocket$4,050Mortgage P&I$4,988129%Property Taxes$1,40436%Insurance$3579%HOA$1624%Management$38710%CapEx$1935%Vacancy$2326%Maintenance$1935%

Investment Breakdown

|

Purchase Price

$1020k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$214k

Downpayment

20%

$204k

Closing costs

1%

$10,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,866

Total Expenses

$7,916

Mortgage P&I

129%

$4,988

Property Taxes

36%

$1,404

Home Insurance

9%

$357

HOA

4%

$162

Property Management

10%

$387

CapEx

5%

$193

Vacancy

6%

$232

Maintenance

5%

$193

Other

0%

$0

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