REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,233 (target)

15405 Fulton Ave, Lubbock, TX 79424

3 beds • 2 baths • 1760 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.67% first-year return on $63,000 initial cash invested.

-6.67%

Cash On Cash

5.12%

Cap Rate

0.84

DSCR

$2,233

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,233 income − $2,583 expenses = $350 out of pocket

Income$2,233Out of Pocket$350Mortgage P&I$1,51768%Property Taxes$38017%Insurance$1055%Management$22310%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,233

Total Expenses

$2,583

Mortgage P&I

68%

$1,517

Property Taxes

17%

$380

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis