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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 -23.45% first-year return on $146k initial cash invested.

-23.45%

Cash On Cash

0.54%

Cap Rate

0.09

DSCR

$2,935

Rent

-$2,843

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,935 income − $5,778 expenses = $2,843 out of pocket

Income$2,935Out of Pocket$2,843Mortgage P&I$2,998102%Property Taxes$1,15339%Insurance$2197%Management$44015%CapEx$1174%Maintenance$1174%Other$73425%

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

$2,935

Total Expenses

$5,778

Mortgage P&I

102%

$2,998

Property Taxes

39%

$1,153

Home Insurance

7%

$219

HOA

0%

$0

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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