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$2,388 (target)

3237 93rd St, Lubbock, TX 79423

3 beds • 2 baths • 1511 sqft

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This property might be a fair Mid-Term investment with a projected 0.87% first-year return on $64,599 initial cash invested.

0.87%

Cash On Cash

7.08%

Cap Rate

1.12

DSCR

$2,388

Rent

$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,388 income − $2,341 expenses = $47 cash flow

Income$2,388Mortgage P&I$1,16649%Property Taxes$28212%Insurance$793%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$47

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,599

Downpayment

20%

$44,380

Closing costs

1%

$2,219

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,388

Total Expenses

$2,341

Mortgage P&I

49%

$1,166

Property Taxes

12%

$282

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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