REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2 Mountain Climb Rd, Sherman, TX 75092

3 beds • 2 baths • 1578 sqft

Email

This property looks like a bad Airbnb investment with a projected -5.26% first-year return on $93,390 initial cash invested.

-5.26%

Cash On Cash

5.07%

Cap Rate

0.84

DSCR

$2,980

Rent

-$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,980 income − $3,389 expenses = $409 out of pocket

Income$2,980Out of Pocket$409Mortgage P&I$1,80761%Property Taxes$261%Insurance$1264%Management$44715%CapEx$1194%Maintenance$1194%Other$74525%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,390

Downpayment

20%

$71,800

Closing costs

1%

$3,590

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,980

Total Expenses

$3,389

Mortgage P&I

61%

$1,807

Property Taxes

1%

$26

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$745

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis