REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,829 (target)

3603 54th St, Lubbock, TX 79413

3 beds • 2 baths • 2181 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.03% first-year return on $66,069 initial cash invested.

4.03%

Cash On Cash

7.99%

Cap Rate

1.28

DSCR

$2,829

Rent

$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,829 income − $2,607 expenses = $222 cash flow

Income$2,829Mortgage P&I$1,18942%Property Taxes$37513%Insurance$823%Management$33912%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31111%Cash Flow$222

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,069

Downpayment

20%

$45,780

Closing costs

1%

$2,289

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,829

Total Expenses

$2,607

Mortgage P&I

42%

$1,189

Property Taxes

13%

$375

Home Insurance

3%

$82

HOA

0%

$0

Property Management

12%

$339

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$311

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis