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2016 41st St, Lubbock, TX 79412

3 beds • 1 baths • 1124 sqft

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This property might be a fair Airbnb investment with a projected 9.14% first-year return on $42,150 initial cash invested.

9.14%

Cash On Cash

10.29%

Cap Rate

1.68

DSCR

$1,956

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,150

Downpayment

20%

$23,000

Closing costs

1%

$1,150

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$1,956

Total Expenses

$1,635

Mortgage P&I

30%

$587

Property Taxes

4%

$70

Home Insurance

2%

$40

HOA

0%

$0

Property Management

15%

$293

CapEx

4%

$78

Vacancy

0%

$0

Maintenance

4%

$78

Other

25%

$489

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Comparable Property

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ADR

Beds

Baths

Distance

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4

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5

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2

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5

4

0.6 mi

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$1,100

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2

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$2,850

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