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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 Airbnb investment with a projected 1.69% first-year return on $54,750 initial cash invested.

1.69%

Cash On Cash

7.25%

Cap Rate

1.19

DSCR

$2,346

Rent

$77

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

$54,750

Downpayment

20%

$35,000

Closing costs

1%

$1,750

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,346

Total Expenses

$2,269

Mortgage P&I

38%

$887

Property Taxes

8%

$195

Home Insurance

3%

$61

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$586

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