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7 Placid Ct, Odessa, TX 79762

3 beds • 3 baths • 2145 sqft

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This property looks like a bad Airbnb investment with a projected -12.27% first-year return on $101k initial cash invested.

-12.27%

Cash On Cash

3.17%

Cap Rate

0.53

DSCR

$2,732

Rent

-$1,033

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,732 income − $3,765 expenses = $1,033 out of pocket

Income$2,732Out of Pocket$1,033Mortgage P&I$1,96772%Property Taxes$34713%Insurance$1405%Management$41015%CapEx$1094%Maintenance$1094%Other$68325%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,060

Closing costs

1%

$3,953

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,732

Total Expenses

$3,765

Mortgage P&I

72%

$1,967

Property Taxes

13%

$347

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$410

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$683

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