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$2,739 (target)

3605 41st St, Lubbock, TX 79413

3 beds • 2 baths • 1741 sqft

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This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $63,801 initial cash invested.

5.74%

Cash On Cash

8.54%

Cap Rate

1.36

DSCR

$2,739

Rent

$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,739 income − $2,434 expenses = $305 cash flow

Income$2,739Mortgage P&I$1,13742%Property Taxes$29511%Insurance$703%Management$32912%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30111%Cash Flow$305

Investment Breakdown

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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

$2,739

Total Expenses

$2,434

Mortgage P&I

42%

$1,137

Property Taxes

11%

$295

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$329

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$301

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