REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,462 (target)

4614 N County Road 1138, Midland, TX 79705

3 beds • 2 baths • 1680 sqft

Email

This property could be a profitable Mid-Term investment with a projected 10.45% first-year return on $72,600 initial cash invested.

10.45%

Cash On Cash

9.47%

Cap Rate

1.6

DSCR

$3,462

Rent

$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,462

Total Expenses

$2,830

Mortgage P&I

37%

$1,282

Property Taxes

8%

$281

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$381

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis