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3605 41st St, Lubbock, TX 79413

3 beds • 2 baths • 1741 sqft

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This property looks like a bad Airbnb investment with a projected -5.53% first-year return on $63,801 initial cash invested.

-5.53%

Cash On Cash

5.15%

Cap Rate

0.82

DSCR

$2,324

Rent

-$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,324 income − $2,618 expenses = $294 out of pocket

Income$2,324Out of Pocket$294Mortgage P&I$1,13749%Property Taxes$29513%Insurance$703%Management$34915%CapEx$934%Maintenance$934%Other$58125%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,801

Downpayment

20%

$43,620

Closing costs

1%

$2,181

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,324

Total Expenses

$2,618

Mortgage P&I

49%

$1,137

Property Taxes

13%

$295

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$581

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