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$5,222 (target)

1202 Odessa Dr, Richardson, TX 75080

3 beds • 2 baths • 1979 sqft

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This property looks like a bad Mid-Term investment with a projected -5.7% first-year return on $135k initial cash invested.

-5.7%

Cash On Cash

5.45%

Cap Rate

0.85

DSCR

$5,222

Rent

-$643

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,222 income − $5,865 expenses = $643 out of pocket

Income$5,222Out of Pocket$643Mortgage P&I$2,97557%Property Taxes$91818%Insurance$1964%Management$62712%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57411%

Investment Breakdown

|

Purchase Price

$559k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,590

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,222

Total Expenses

$5,865

Mortgage P&I

57%

$2,975

Property Taxes

18%

$918

Home Insurance

4%

$196

HOA

0%

$0

Property Management

12%

$627

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$574

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