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615 S Throckmorton St, Sherman, TX 75090

3 beds • 2 baths • 1278 sqft

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This property could be a profitable Airbnb investment with a projected 12.48% first-year return on $44,229 initial cash invested.

12.48%

Cash On Cash

11.53%

Cap Rate

1.9

DSCR

$2,743

Rent

$460

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,229

Downpayment

20%

$24,980

Closing costs

1%

$1,249

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,743

Total Expenses

$2,283

Mortgage P&I

23%

$630

Property Taxes

11%

$292

Home Insurance

2%

$44

HOA

0%

$0

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

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