REI Lense

REI Lense

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$1,890 (target)

4805 Indio Ln, Sherman, TX 75092

3 beds • 2 baths • 1429 sqft

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This property looks like a bad Long-Term investment with a projected -4.98% first-year return on $52,500 initial cash invested.

-4.98%

Cash On Cash

5.56%

Cap Rate

0.9

DSCR

$1,890

Rent

-$218

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,890 income − $2,108 expenses = $218 out of pocket

Income$1,890Out of Pocket$218Mortgage P&I$1,28268%Property Taxes$24813%Insurance$885%Management$18910%CapEx$945%Vacancy$1136%Maintenance$945%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$2,108

Mortgage P&I

68%

$1,282

Property Taxes

13%

$248

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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