REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2023 Mustang Dr, Levelland, TX 79336

3 beds • 2 baths • 2114 sqft

Email

This property looks like a bad Airbnb investment with a projected -14.95% first-year return on $68,400 initial cash invested.

-14.95%

Cash On Cash

2.5%

Cap Rate

0.39

DSCR

$1,869

Rent

-$852

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,869 income − $2,721 expenses = $852 out of pocket

Income$1,869Out of Pocket$852Mortgage P&I$1,27768%Property Taxes$46325%Insurance$844%Management$28015%CapEx$754%Maintenance$754%Other$46725%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,400

Downpayment

20%

$48,000

Closing costs

1%

$2,400

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,869

Total Expenses

$2,721

Mortgage P&I

68%

$1,277

Property Taxes

25%

$463

Home Insurance

4%

$84

HOA

0%

$0

Property Management

15%

$280

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$467

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis