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$3,849 (target)

2703 Brazos Ave, Odessa, TX 79764

3 beds • 2 baths • 2407 sqft

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This property could be a profitable Mid-Term investment with a projected 19.18% first-year return on $62,079 initial cash invested.

19.18%

Cash On Cash

12.86%

Cap Rate

2.04

DSCR

$3,849

Rent

$992

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,849 income − $2,857 expenses = $992 cash flow

Income$3,849Mortgage P&I$1,10329%Property Taxes$37210%Insurance$742%Management$46212%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%Cash Flow$992

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,849

Total Expenses

$2,857

Mortgage P&I

29%

$1,103

Property Taxes

10%

$372

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

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