REI Lense

REI Lense

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$1,745 (target)

1838 W Taylor St, Sherman, TX 75092

3 beds • 2 baths • 1813 sqft

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This property looks like a bad Long-Term investment with a projected -8.38% first-year return on $41,979 initial cash invested.

-8.38%

Cash On Cash

4.83%

Cap Rate

0.8

DSCR

$1,745

Rent

-$293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,745

Total Expenses

$2,038

Mortgage P&I

58%

$1,010

Property Taxes

29%

$505

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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