REI Lense

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$2,718 (target)

211 Hilre Dr, Sherman, TX 75092

3 beds • 2 baths • 1310 sqft

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This property looks like a bad Mid-Term investment with a projected -0.71% first-year return on $70,500 initial cash invested.

-0.71%

Cash On Cash

6.57%

Cap Rate

1.05

DSCR

$2,718

Rent

-$42

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,718 income − $2,760 expenses = $42 out of pocket

Income$2,718Out of Pocket$42Mortgage P&I$1,30248%Property Taxes$44516%Insurance$883%Management$32612%CapEx$1094%Vacancy$823%Maintenance$1094%Other$29911%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,718

Total Expenses

$2,760

Mortgage P&I

48%

$1,302

Property Taxes

16%

$445

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$326

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$299

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