REI Lense

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$2,034 (target)

915 N Throckmorton St, Sherman, TX 75090

3 beds • 2 baths • 938 sqft

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This property might be a fair Mid-Term investment with a projected 4.27% first-year return on $51,390 initial cash invested.

4.27%

Cash On Cash

8.35%

Cap Rate

1.31

DSCR

$2,034

Rent

$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,034 income − $1,851 expenses = $183 cash flow

Income$2,034Mortgage P&I$84341%Property Taxes$26113%Insurance$563%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%Cash Flow$183

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,034

Total Expenses

$1,851

Mortgage P&I

41%

$843

Property Taxes

13%

$261

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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