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$3,273 (target)

8576 W 23rd St, Odessa, TX 79763

3 beds • 2 baths • 2068 sqft

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This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $91,500 initial cash invested.

1.1%

Cash On Cash

6.68%

Cap Rate

1.12

DSCR

$3,273

Rent

$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,273 income − $3,189 expenses = $84 cash flow

Income$3,273Mortgage P&I$1,73353%Property Taxes$2217%Insurance$1224%Management$39312%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%Cash Flow$84

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,273

Total Expenses

$3,189

Mortgage P&I

53%

$1,733

Property Taxes

7%

$221

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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