REI Lense

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$1,875 (target)

514 N Lee Ave, Sherman, TX 75090

3 beds • 2 baths • 1532 sqft

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This property looks like a bad Mid-Term investment with a projected -4.12% first-year return on $65,250 initial cash invested.

-4.12%

Cash On Cash

5.47%

Cap Rate

0.87

DSCR

$1,875

Rent

-$224

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,875 income − $2,099 expenses = $224 out of pocket

Income$1,875Out of Pocket$224Mortgage P&I$1,17563%Property Taxes$20811%Insurance$794%Management$22512%CapEx$754%Vacancy$563%Maintenance$754%Other$20611%

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,875

Total Expenses

$2,099

Mortgage P&I

63%

$1,175

Property Taxes

11%

$208

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$225

CapEx

4%

$75

Vacancy

3%

$56

Maintenance

4%

$75

Other

11%

$206

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