REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

19215 County Road 2240, Lubbock, TX 79423

4 beds • 3 baths • 2635 sqft

Email

This property looks like a bad Long-Term investment with a projected -20.06% first-year return on $129k initial cash invested.

-20.06%

Cash On Cash

1.95%

Cap Rate

0.33

DSCR

$2,380

Rent

-$2,159

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$123k

Closing costs

1%

$6,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,380

Total Expenses

$4,539

Mortgage P&I

128%

$3,040

Property Taxes

28%

$665

Home Insurance

9%

$215

HOA

0%

$0

Property Management

10%

$238

CapEx

5%

$119

Vacancy

6%

$143

Maintenance

5%

$119

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

2017 142nd St, Lubbock, TX 79423

$2,490

4

3

2660

3.5 mi

14007 Ave W, Lubbock, TX 79423

$3,000

4

3

2538

3.5 mi

3713 141st St, Lubbock, TX 79423

$3,900

4

3

2723

4 mi

2917 135th St, Lubbock, TX 79423

$3,295

4

3

2488

4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis