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$3,123 (target)

912 Coronado Ave, Odessa, TX 79763

3 beds • 2 baths • 1346 sqft

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This property might be a fair Mid-Term investment with a projected 5.96% first-year return on $69,450 initial cash invested.

5.96%

Cash On Cash

8.56%

Cap Rate

1.37

DSCR

$3,123

Rent

$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $2,778 expenses = $345 cash flow

Income$3,123Mortgage P&I$1,27841%Property Taxes$35111%Insurance$863%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$345

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,450

Downpayment

20%

$49,000

Closing costs

1%

$2,450

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$2,778

Mortgage P&I

41%

$1,278

Property Taxes

11%

$351

Home Insurance

3%

$86

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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