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$1,858 (target)

2512 41st St, Lubbock, TX 79413

3 beds • 2 baths • 1183 sqft

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This property could be a profitable Mid-Term investment with a projected 17.08% first-year return on $37,929 initial cash invested.

17.08%

Cash On Cash

13.99%

Cap Rate

2.25

DSCR

$1,858

Rent

$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,858 income − $1,318 expenses = $540 cash flow

Income$1,858Mortgage P&I$49226%Property Taxes$1629%Insurance$332%Management$22312%CapEx$744%Vacancy$563%Maintenance$744%Other$20411%Cash Flow$540

Investment Breakdown

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Purchase Price

$94,900

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,929

Downpayment

20%

$18,980

Closing costs

1%

$949

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$1,858

Total Expenses

$1,318

Mortgage P&I

26%

$492

Property Taxes

9%

$162

Home Insurance

2%

$33

HOA

0%

$0

Property Management

12%

$223

CapEx

4%

$74

Vacancy

3%

$56

Maintenance

4%

$74

Other

11%

$204

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