REI Lense

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$2,384 (target)

1011 Sheridan Ln, Cleburne, TX 76033

3 beds • 2 baths • 1420 sqft

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This property looks like a bad Mid-Term investment with a projected -1.14% first-year return on $66,174 initial cash invested.

-1.14%

Cash On Cash

6.2%

Cap Rate

1.03

DSCR

$2,384

Rent

-$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,174

Downpayment

20%

$45,880

Closing costs

1%

$2,294

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,384

Total Expenses

$2,447

Mortgage P&I

48%

$1,154

Property Taxes

17%

$394

Home Insurance

4%

$89

HOA

0%

$0

Property Management

12%

$286

CapEx

4%

$95

Vacancy

3%

$72

Maintenance

4%

$95

Other

11%

$262

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