REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3501 La Fayette Ln, Amarillo, TX 79118

3 beds • 2 baths • 2196 sqft

Email

This property looks like a bad Airbnb investment with a projected -9.15% first-year return on $91,500 initial cash invested.

-9.15%

Cash On Cash

3.85%

Cap Rate

0.66

DSCR

$2,688

Rent

-$698

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,688 income − $3,386 expenses = $698 out of pocket

Income$2,688Out of Pocket$698Mortgage P&I$1,71364%Property Taxes$26010%Insurance$1225%Management$40315%CapEx$1084%Maintenance$1084%Other$67225%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,500

Downpayment

20%

$70,000

Closing costs

1%

$3,500

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,688

Total Expenses

$3,386

Mortgage P&I

64%

$1,713

Property Taxes

10%

$260

Home Insurance

5%

$122

HOA

0%

$0

Property Management

15%

$403

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$672

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis