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3232 W Dengar Ave, Midland, TX 79705

3 beds • 2 baths • 1578 sqft

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This property could be a profitable Airbnb investment with a projected 29.1% first-year return on $65,817 initial cash invested.

29.1%

Cash On Cash

15.8%

Cap Rate

2.54

DSCR

$5,594

Rent

$1,596

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,594 income − $3,998 expenses = $1,596 cash flow

Income$5,594Mortgage P&I$1,17821%Property Taxes$551%Insurance$801%Management$83915%CapEx$2244%Maintenance$2244%Other$1,39825%Cash Flow$1,596

Investment Breakdown

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Purchase Price

$228k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,817

Downpayment

20%

$45,540

Closing costs

1%

$2,277

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$5,594

Total Expenses

$3,998

Mortgage P&I

21%

$1,178

Property Taxes

1%

$55

Home Insurance

1%

$80

HOA

0%

$0

Property Management

15%

$839

CapEx

4%

$224

Vacancy

0%

$0

Maintenance

4%

$224

Other

25%

$1,398

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