REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,592 (target)

3237 93rd St, Lubbock, TX 79423

3 beds • 2 baths • 1511 sqft

Email

This property looks like a bad Long-Term investment with a projected -9.01% first-year return on $46,599 initial cash invested.

-9.01%

Cash On Cash

4.85%

Cap Rate

0.77

DSCR

$1,592

Rent

-$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,592 income − $1,942 expenses = $350 out of pocket

Income$1,592Out of Pocket$350Mortgage P&I$1,16673%Property Taxes$28218%Insurance$795%Management$15910%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,599

Downpayment

20%

$44,380

Closing costs

1%

$2,219

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,592

Total Expenses

$1,942

Mortgage P&I

73%

$1,166

Property Taxes

18%

$282

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$159

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis