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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 -5.06% first-year return on $63,801 initial cash invested.

-5.06%

Cash On Cash

5.3%

Cap Rate

0.85

DSCR

$2,372

Rent

-$269

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,372 income − $2,641 expenses = $269 out of pocket

Income$2,372Out of Pocket$269Mortgage P&I$1,13748%Property Taxes$29512%Insurance$703%Management$35615%CapEx$954%Maintenance$954%Other$59325%

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

$2,372

Total Expenses

$2,641

Mortgage P&I

48%

$1,137

Property Taxes

12%

$295

Home Insurance

3%

$70

HOA

0%

$0

Property Management

15%

$356

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$593

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