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2104 53rd St, Lubbock, TX 79412

3 beds • 2 baths • 2318 sqft

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This property looks like a bad Airbnb investment with a projected -5.39% first-year return on $65,460 initial cash invested.

-5.39%

Cash On Cash

5.22%

Cap Rate

0.84

DSCR

$2,496

Rent

-$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,496 income − $2,790 expenses = $294 out of pocket

Income$2,496Out of Pocket$294Mortgage P&I$1,17747%Property Taxes$33513%Insurance$803%Management$37415%CapEx$1004%Maintenance$1004%Other$62425%

Investment Breakdown

|

Purchase Price

$226k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,460

Downpayment

20%

$45,200

Closing costs

1%

$2,260

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,496

Total Expenses

$2,790

Mortgage P&I

47%

$1,177

Property Taxes

13%

$335

Home Insurance

3%

$80

HOA

0%

$0

Property Management

15%

$374

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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