REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,912 (target)

5005 Ob Groner Rd, Sherman, TX 75092

3 beds • 2 baths • 1929 sqft

Email

This property looks like a bad Mid-Term investment with a projected -20.17% first-year return on $146k initial cash invested.

-20.17%

Cash On Cash

1.32%

Cap Rate

0.22

DSCR

$2,912

Rent

-$2,446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,912 income − $5,358 expenses = $2,446 out of pocket

Income$2,912Out of Pocket$2,446Mortgage P&I$2,998103%Property Taxes$1,15340%Insurance$2198%Management$34912%CapEx$1164%Vacancy$873%Maintenance$1164%Other$32011%

Investment Breakdown

|

Purchase Price

$607k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$121k

Closing costs

1%

$6,072

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,912

Total Expenses

$5,358

Mortgage P&I

103%

$2,998

Property Taxes

40%

$1,153

Home Insurance

8%

$219

HOA

0%

$0

Property Management

12%

$349

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$320

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis