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6404 Meadowview Ct, Plano, TX 75024

3 beds • 2 baths • 2244 sqft

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This property looks like a bad Long-Term investment with a projected -13.68% first-year return on $97,629 initial cash invested.

-13.68%

Cash On Cash

3.5%

Cap Rate

0.58

DSCR

$2,600

Rent

-$1,113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,629

Downpayment

20%

$92,980

Closing costs

1%

$4,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,600

Total Expenses

$3,713

Mortgage P&I

90%

$2,338

Property Taxes

21%

$536

Home Insurance

6%

$163

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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