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2132 69th St, Lubbock, TX 79412

3 beds • 2 baths • 1931 sqft

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This property might be a fair Long-Term investment with a projected 2.32% first-year return on $36,750 initial cash invested.

2.32%

Cash On Cash

7.13%

Cap Rate

1.17

DSCR

$1,640

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,640

Total Expenses

$1,569

Mortgage P&I

54%

$887

Property Taxes

12%

$195

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$98

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

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