REI Lense

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$4,209 (target)

7320 Chadwick Dr, McKinney, TX 75070

3 beds • 2 baths • 2259 sqft

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This property looks like a bad Mid-Term investment with a projected -9.44% first-year return on $132k initial cash invested.

-9.44%

Cash On Cash

4.33%

Cap Rate

0.69

DSCR

$4,209

Rent

-$1,040

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,209 income − $5,249 expenses = $1,040 out of pocket

Income$4,209Out of Pocket$1,040Mortgage P&I$2,83367%Property Taxes$70817%Insurance$1905%HOA$882%Management$50512%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46311%

Investment Breakdown

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Purchase Price

$544k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,440

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,209

Total Expenses

$5,249

Mortgage P&I

67%

$2,833

Property Taxes

17%

$708

Home Insurance

5%

$190

HOA

2%

$88

Property Management

12%

$505

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$463

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