REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,443 (target)

7717 Purple Vitex Rd, Odessa, TX 79765

3 beds • 2 baths • 1537 sqft

Email

This property might be a fair Long-Term investment with a projected 3.94% first-year return on $72,870 initial cash invested.

3.94%

Cash On Cash

7.56%

Cap Rate

1.23

DSCR

$3,443

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,443 income − $3,204 expenses = $239 cash flow

Income$3,443Mortgage P&I$1,77552%Property Taxes$37511%Insurance$1214%HOA$381%Management$34410%CapEx$1725%Vacancy$2076%Maintenance$1725%Cash Flow$239

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,443

Total Expenses

$3,204

Mortgage P&I

52%

$1,775

Property Taxes

11%

$375

Home Insurance

4%

$121

HOA

1%

$38

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$207

Maintenance

5%

$172

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis