REI Lense

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$1,941 (target)

5005 Ob Groner Rd, Sherman, TX 75092

3 beds • 2 baths • 1929 sqft

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This property looks like a bad Long-Term investment with a projected -27.6% first-year return on $128k initial cash invested.

-27.6%

Cash On Cash

0.32%

Cap Rate

0.05

DSCR

$1,941

Rent

-$2,933

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,941 income − $4,874 expenses = $2,933 out of pocket

Income$1,941Out of Pocket$2,933Mortgage P&I$2,998154%Property Taxes$1,15359%Insurance$21911%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

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Purchase Price

$607k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$121k

Closing costs

1%

$6,072

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,941

Total Expenses

$4,874

Mortgage P&I

154%

$2,998

Property Taxes

59%

$1,153

Home Insurance

11%

$219

HOA

0%

$0

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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