REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3232 W Dengar Ave, Midland, TX 79705

3 beds • 2 baths • 1578 sqft

Email

This property could be a profitable Airbnb investment with a projected 19.42% first-year return on $65,817 initial cash invested.

19.42%

Cash On Cash

12.79%

Cap Rate

2.06

DSCR

$4,574

Rent

$1,065

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,574 income − $3,509 expenses = $1,065 cash flow

Income$4,574Mortgage P&I$1,17826%Property Taxes$551%Insurance$802%Management$68615%CapEx$1834%Maintenance$1834%Other$1,14425%Cash Flow$1,065

Investment Breakdown

|

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

$4,574

Total Expenses

$3,509

Mortgage P&I

26%

$1,178

Property Taxes

1%

$55

Home Insurance

2%

$80

HOA

0%

$0

Property Management

15%

$686

CapEx

4%

$183

Vacancy

0%

$0

Maintenance

4%

$183

Other

25%

$1,144

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis