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3709 S County Road 1316, Odessa, TX 79765

3 beds • 2 baths • 1484 sqft

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This property looks like a bad Airbnb investment with a projected -4.58% first-year return on $78,060 initial cash invested.

-4.58%

Cash On Cash

5.43%

Cap Rate

0.88

DSCR

$2,826

Rent

-$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,826 income − $3,124 expenses = $298 out of pocket

Income$2,826Out of Pocket$298Mortgage P&I$1,48052%Property Taxes$2308%Insurance$582%Management$42415%CapEx$1134%Maintenance$1134%Other$70625%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,060

Downpayment

20%

$57,200

Closing costs

1%

$2,860

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,826

Total Expenses

$3,124

Mortgage P&I

52%

$1,480

Property Taxes

8%

$230

Home Insurance

2%

$58

HOA

0%

$0

Property Management

15%

$424

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$706

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