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5803 Pedernales Dr, Midland, TX 79707

3 beds • 2 baths • 1730 sqft

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This property might be a fair Mid-Term investment with a projected 0.24% first-year return on $98,325 initial cash invested.

0.24%

Cash On Cash

6.38%

Cap Rate

1.09

DSCR

$3,720

Rent

$20

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,325

Downpayment

20%

$76,500

Closing costs

1%

$3,825

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,720

Total Expenses

$3,700

Mortgage P&I

50%

$1,864

Property Taxes

11%

$411

Home Insurance

4%

$134

HOA

1%

$26

Property Management

12%

$446

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$409

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