REI Lense

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$2,806 (target)

7320 Chadwick Dr, McKinney, TX 75070

3 beds • 2 baths • 2259 sqft

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This property looks like a bad Long-Term investment with a projected -18.3% first-year return on $114k initial cash invested.

-18.3%

Cash On Cash

2.72%

Cap Rate

0.43

DSCR

$2,806

Rent

-$1,742

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,806 income − $4,548 expenses = $1,742 out of pocket

Income$2,806Out of Pocket$1,742Mortgage P&I$2,833101%Property Taxes$70825%Insurance$1907%HOA$883%Management$28110%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

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Purchase Price

$544k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$109k

Closing costs

1%

$5,440

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,806

Total Expenses

$4,548

Mortgage P&I

101%

$2,833

Property Taxes

25%

$708

Home Insurance

7%

$190

HOA

3%

$88

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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