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$2,706 (target)

8404 Tamarix Dr, Odessa, TX 79765

3 beds • 2 baths • 1811 sqft

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This property looks like a bad Long-Term investment with a projected -3.39% first-year return on $66,549 initial cash invested.

-3.39%

Cash On Cash

5.99%

Cap Rate

0.97

DSCR

$2,706

Rent

-$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,706 income − $2,894 expenses = $188 out of pocket

Income$2,706Out of Pocket$188Mortgage P&I$1,63660%Property Taxes$44416%Insurance$1114%Management$27110%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

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Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,549

Downpayment

20%

$63,380

Closing costs

1%

$3,169

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,706

Total Expenses

$2,894

Mortgage P&I

60%

$1,636

Property Taxes

16%

$444

Home Insurance

4%

$111

HOA

0%

$0

Property Management

10%

$271

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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