REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,123 (target)

1521 E 51st St, Odessa, TX 79762

3 beds • 2 baths • 1356 sqft

Email

This property could be a profitable Mid-Term investment with a projected 15.48% first-year return on $55,590 initial cash invested.

15.48%

Cash On Cash

11.99%

Cap Rate

1.89

DSCR

$3,123

Rent

$717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $2,406 expenses = $717 cash flow

Income$3,123Mortgage P&I$94730%Property Taxes$33311%Insurance$632%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$717

Investment Breakdown

|

Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,590

Downpayment

20%

$35,800

Closing costs

1%

$1,790

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$2,406

Mortgage P&I

30%

$947

Property Taxes

11%

$333

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis