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13819 Avenue V, Lubbock, TX 79423

3 beds • 2 baths • 1712 sqft

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This property looks like a bad Airbnb investment with a projected -3.77% first-year return on $67,812 initial cash invested.

-3.77%

Cash On Cash

5.41%

Cap Rate

0.91

DSCR

$2,581

Rent

-$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,812

Downpayment

20%

$47,440

Closing costs

1%

$2,372

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,581

Total Expenses

$2,794

Mortgage P&I

46%

$1,180

Property Taxes

11%

$292

Home Insurance

3%

$84

HOA

0%

$0

Property Management

15%

$387

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$645

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