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$2,978 (target)

1326 E Sherman Dr, Denton, TX 76209

3 beds • 2 baths • 1631 sqft

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This property might be a fair Mid-Term investment with a projected 6.88% first-year return on $65,250 initial cash invested.

6.88%

Cash On Cash

8.87%

Cap Rate

1.42

DSCR

$2,978

Rent

$374

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,978 income − $2,604 expenses = $374 cash flow

Income$2,978Mortgage P&I$1,17039%Property Taxes$34312%Insurance$793%Management$35712%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32811%Cash Flow$374

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$2,604

Mortgage P&I

39%

$1,170

Property Taxes

12%

$343

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$357

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$328

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