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$2,114 (target)

395 Floyd Dr, Odessa, TX 79766

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 1.91% first-year return on $59,160 initial cash invested.

1.91%

Cash On Cash

7.36%

Cap Rate

1.17

DSCR

$2,114

Rent

$94

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,114 income − $2,020 expenses = $94 cash flow

Income$2,114Mortgage P&I$1,02348%Property Taxes$20810%Insurance$693%Management$25412%CapEx$854%Vacancy$633%Maintenance$854%Other$23311%Cash Flow$94

Investment Breakdown

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Purchase Price

$196k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,160

Downpayment

20%

$39,200

Closing costs

1%

$1,960

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,114

Total Expenses

$2,020

Mortgage P&I

48%

$1,023

Property Taxes

10%

$208

Home Insurance

3%

$69

HOA

0%

$0

Property Management

12%

$254

CapEx

4%

$85

Vacancy

3%

$63

Maintenance

4%

$85

Other

11%

$233

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