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$2,040 (target)

816 N Throckmorton St, Sherman, TX 75090

3 beds • 2 baths • 1010 sqft

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This property might be a fair Mid-Term investment with a projected 6.21% first-year return on $49,479 initial cash invested.

6.21%

Cash On Cash

8.93%

Cap Rate

1.44

DSCR

$2,040

Rent

$256

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,040 income − $1,784 expenses = $256 cash flow

Income$2,040Mortgage P&I$77738%Property Taxes$26113%Insurance$523%Management$24512%CapEx$824%Vacancy$613%Maintenance$824%Other$22411%Cash Flow$256

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,040

Total Expenses

$1,784

Mortgage P&I

38%

$777

Property Taxes

13%

$261

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$245

CapEx

4%

$82

Vacancy

3%

$61

Maintenance

4%

$82

Other

11%

$224

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