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10415 Waverly Ave, Lubbock, TX 79424

4 beds • 2 baths • 2062 sqft

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This property looks like a bad Airbnb investment with a projected -6.37% first-year return on $85,950 initial cash invested.

-6.37%

Cash On Cash

4.53%

Cap Rate

0.76

DSCR

$2,722

Rent

-$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,950

Downpayment

20%

$59,000

Closing costs

1%

$2,950

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$2,722

Total Expenses

$3,178

Mortgage P&I

54%

$1,461

Property Taxes

11%

$308

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$408

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$680

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Comparable Property

Rent

ADR

Beds

Baths

Distance

11 Mi to Dtwn: Lubbock Home w/ Patio, Grill & Yard

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3

1.2 mi

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Local Escapes: MyrtleB -Easy to Feel Right at Home

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3

2

1.62 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

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2

1

0.9 mi

2022 S American St

$2,850

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5

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0.6 mi

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$1,100

$110

2

1

0.9 mi

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$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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