REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,382 (target)

3232 W Dengar Ave, Midland, TX 79705

3 beds • 2 baths • 1578 sqft

Email

This property could be a profitable Mid-Term investment with a projected 16.77% first-year return on $65,817 initial cash invested.

16.77%

Cash On Cash

11.77%

Cap Rate

1.9

DSCR

$3,382

Rent

$920

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,382 income − $2,462 expenses = $920 cash flow

Income$3,382Mortgage P&I$1,17835%Property Taxes$552%Insurance$802%Management$40612%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37211%Cash Flow$920

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

$3,382

Total Expenses

$2,462

Mortgage P&I

35%

$1,178

Property Taxes

2%

$55

Home Insurance

2%

$80

HOA

0%

$0

Property Management

12%

$406

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis