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2709 Baylor St, Lubbock, TX 79415

3 beds • 2 baths • 1464 sqft

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This property looks like a bad Airbnb investment with a projected -6.45% first-year return on $66,090 initial cash invested.

-6.45%

Cash On Cash

4.88%

Cap Rate

0.77

DSCR

$1,873

Rent

-$355

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,873 income − $2,228 expenses = $355 out of pocket

Income$1,873Out of Pocket$355Mortgage P&I$1,21265%Property Taxes$372%Insurance$804%Management$28115%CapEx$754%Maintenance$754%Other$46825%

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

$1,873

Total Expenses

$2,228

Mortgage P&I

65%

$1,212

Property Taxes

2%

$37

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$281

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$468

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