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5803 Pedernales Dr, Midland, TX 79707

3 beds • 2 baths • 1730 sqft

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This property looks like a bad Long-Term investment with a projected -8.96% first-year return on $80,325 initial cash invested.

-8.96%

Cash On Cash

4.35%

Cap Rate

0.74

DSCR

$2,480

Rent

-$600

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

$80,325

Downpayment

20%

$76,500

Closing costs

1%

$3,825

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,480

Total Expenses

$3,080

Mortgage P&I

75%

$1,864

Property Taxes

17%

$411

Home Insurance

5%

$134

HOA

1%

$26

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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