REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,061 (target)

1808 Petroleum Dr, Odessa, TX 79762

3 beds • 2 baths • 1346 sqft

Email

This property looks like a bad Long-Term investment with a projected -1.91% first-year return on $49,686 initial cash invested.

-1.91%

Cash On Cash

6.82%

Cap Rate

1.02

DSCR

$2,061

Rent

-$79

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,061 income − $2,140 expenses = $79 out of pocket

Income$2,061Out of Pocket$79Mortgage P&I$1,32064%Property Taxes$20110%Insurance$834%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,686

Downpayment

20%

$47,320

Closing costs

1%

$2,366

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,061

Total Expenses

$2,140

Mortgage P&I

64%

$1,320

Property Taxes

10%

$201

Home Insurance

4%

$83

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis