REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,586 (target)

7004 Cotton Seed Dr, McKinney, TX 75070

3 beds • 2 baths • 1785 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.97% first-year return on $96,477 initial cash invested.

-2.97%

Cash On Cash

5.58%

Cap Rate

0.95

DSCR

$3,586

Rent

-$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,586 income − $3,825 expenses = $239 out of pocket

Income$3,586Out of Pocket$239Mortgage P&I$1,83551%Property Taxes$58316%Insurance$1314%HOA$582%Management$43012%CapEx$1434%Vacancy$1083%Maintenance$1434%Other$39411%

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,477

Downpayment

20%

$74,740

Closing costs

1%

$3,737

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,586

Total Expenses

$3,825

Mortgage P&I

51%

$1,835

Property Taxes

16%

$583

Home Insurance

4%

$131

HOA

2%

$58

Property Management

12%

$430

CapEx

4%

$143

Vacancy

3%

$108

Maintenance

4%

$143

Other

11%

$394

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis