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3206 77th St, Lubbock, TX 79423

3 beds • 2 baths • 2318 sqft

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This property looks like a bad Airbnb investment with a projected -9.84% first-year return on $73,650 initial cash invested.

-9.84%

Cash On Cash

3.52%

Cap Rate

0.6

DSCR

$1,979

Rent

-$604

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,979

Total Expenses

$2,583

Mortgage P&I

66%

$1,302

Property Taxes

12%

$238

Home Insurance

5%

$93

HOA

0%

$0

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$495

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