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$3,986 (target)

113 Santa Rita Dr, Odessa, TX 79763

3 beds • 3 baths • 3784 sqft

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This property looks like a bad Mid-Term investment with a projected -2.85% first-year return on $106k initial cash invested.

-2.85%

Cash On Cash

5.9%

Cap Rate

0.96

DSCR

$3,986

Rent

-$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,986 income − $4,237 expenses = $251 out of pocket

Income$3,986Out of Pocket$251Mortgage P&I$2,14154%Property Taxes$62016%Insurance$1223%Management$47812%CapEx$1594%Vacancy$1203%Maintenance$1594%Other$43811%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,400

Closing costs

1%

$4,170

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,986

Total Expenses

$4,237

Mortgage P&I

54%

$2,141

Property Taxes

16%

$620

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$478

CapEx

4%

$159

Vacancy

3%

$120

Maintenance

4%

$159

Other

11%

$438

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