REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2709 Baylor St, Lubbock, TX 79415

3 beds • 2 baths • 1464 sqft

Email

This property looks like a bad Airbnb investment with a projected -2.76% first-year return on $66,090 initial cash invested.

-2.76%

Cash On Cash

6.03%

Cap Rate

0.95

DSCR

$2,262

Rent

-$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,262 income − $2,414 expenses = $152 out of pocket

Income$2,262Out of Pocket$152Mortgage P&I$1,21254%Property Taxes$372%Insurance$804%Management$33915%CapEx$904%Maintenance$904%Other$56625%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,090

Downpayment

20%

$45,800

Closing costs

1%

$2,290

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,262

Total Expenses

$2,414

Mortgage P&I

54%

$1,212

Property Taxes

2%

$37

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$566

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis