REI Lense

REI Lense

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$1,395 (target)

8041 State Highway 11, Sherman, TX 75090

3 beds • 2 baths • 1404 sqft

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This property looks like a bad Long-Term investment with a projected -13.91% first-year return on $61,950 initial cash invested.

-13.91%

Cash On Cash

3.32%

Cap Rate

0.56

DSCR

$1,395

Rent

-$718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,395

Total Expenses

$2,113

Mortgage P&I

105%

$1,463

Property Taxes

13%

$183

Home Insurance

7%

$103

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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