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2610 E County Road 150, Midland, TX 79706

4 beds • 2 baths • 1984 sqft

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This property could be a profitable Long-Term investment with a projected 26.8% first-year return on $39,900 initial cash invested.

26.8%

Cash On Cash

12.64%

Cap Rate

2.04

DSCR

$2,630

Rent

$891

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,630

Total Expenses

$1,739

Mortgage P&I

37%

$979

Property Taxes

0%

$9

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$263

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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Comparable Property

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SQFT

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2

1900

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3

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4

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0.6 mi

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$1,100

2

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0.9 mi

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$2,850

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4

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