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$3,332 (target)

1441 Sandalwood Ln, Odessa, TX 79761

3 beds • 2 baths • 1475 sqft

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This property might be a fair Mid-Term investment with a projected 6.46% first-year return on $77,850 initial cash invested.

6.46%

Cash On Cash

8.73%

Cap Rate

1.36

DSCR

$3,332

Rent

$419

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,332 income − $2,913 expenses = $419 cash flow

Income$3,332Mortgage P&I$1,52146%Property Taxes$1595%Insurance$1003%Management$40012%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36711%Cash Flow$419

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,332

Total Expenses

$2,913

Mortgage P&I

46%

$1,521

Property Taxes

5%

$159

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$400

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$367

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