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5005 Ob Groner Rd, Sherman, TX 75092

3 beds • 2 baths • 1929 sqft

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This property looks like a bad Airbnb investment with a projected -24.45% first-year return on $146k initial cash invested.

-24.45%

Cash On Cash

0.28%

Cap Rate

0.05

DSCR

$2,702

Rent

-$2,965

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,702 income − $5,667 expenses = $2,965 out of pocket

Income$2,702Out of Pocket$2,965Mortgage P&I$2,998111%Property Taxes$1,15343%Insurance$2198%Management$40515%CapEx$1084%Maintenance$1084%Other$67625%

Investment Breakdown

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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

$2,702

Total Expenses

$5,667

Mortgage P&I

111%

$2,998

Property Taxes

43%

$1,153

Home Insurance

8%

$219

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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