REI Lense

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$2,191 (target)

2909 Wilsonwood Way S, Sherman, TX 75092

3 beds • 3 baths • 2248 sqft

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This property looks like a bad Long-Term investment with a projected -17.45% first-year return on $81,711 initial cash invested.

-17.45%

Cash On Cash

2.71%

Cap Rate

0.45

DSCR

$2,191

Rent

-$1,188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,191 income − $3,379 expenses = $1,188 out of pocket

Income$2,191Out of Pocket$1,188Mortgage P&I$1,95889%Property Taxes$71132%Insurance$1406%Management$21910%CapEx$1105%Vacancy$1316%Maintenance$1105%

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,711

Downpayment

20%

$77,820

Closing costs

1%

$3,891

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,191

Total Expenses

$3,379

Mortgage P&I

89%

$1,958

Property Taxes

32%

$711

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$219

CapEx

5%

$110

Vacancy

6%

$131

Maintenance

5%

$110

Other

0%

$0

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