REI Lense

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$3,752 (target)

1602 Idlewood Dr, Sherman, TX 75092

3 beds • 3 baths • 2455 sqft

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This property might be a fair Mid-Term investment with a projected 2.98% first-year return on $79,719 initial cash invested.

2.98%

Cash On Cash

8.06%

Cap Rate

1.21

DSCR

$3,752

Rent

$198

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,752 income − $3,554 expenses = $198 cash flow

Income$3,752Mortgage P&I$1,62643%Property Taxes$57315%Insurance$792%Management$45012%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%Cash Flow$198

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,719

Downpayment

20%

$58,780

Closing costs

1%

$2,939

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,752

Total Expenses

$3,554

Mortgage P&I

43%

$1,626

Property Taxes

15%

$573

Home Insurance

2%

$79

HOA

0%

$0

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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