REI Lense

REI Lense

Unlock all features! Tap here to upgrade

15413 Fulton Ave, Lubbock, TX 79424

3 beds • 2 baths • 1760 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.92% first-year return on $80,790 initial cash invested.

-3.92%

Cash On Cash

5.54%

Cap Rate

0.91

DSCR

$3,330

Rent

-$264

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,330 income − $3,594 expenses = $264 out of pocket

Income$3,330Out of Pocket$264Mortgage P&I$1,51245%Property Taxes$37911%Insurance$1053%Management$50015%CapEx$1334%Maintenance$1334%Other$83225%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,790

Downpayment

20%

$59,800

Closing costs

1%

$2,990

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,330

Total Expenses

$3,594

Mortgage P&I

45%

$1,512

Property Taxes

11%

$379

Home Insurance

3%

$105

HOA

0%

$0

Property Management

15%

$500

CapEx

4%

$133

Vacancy

0%

$0

Maintenance

4%

$133

Other

25%

$832

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis