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$2,259 (target)

3611 36th St, Lubbock, TX 79413

3 beds • 2 baths • 1854 sqft

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This property might be a fair Mid-Term investment with a projected 2.17% first-year return on $58,509 initial cash invested.

2.17%

Cash On Cash

7.49%

Cap Rate

1.19

DSCR

$2,259

Rent

$106

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,259 income − $2,153 expenses = $106 cash flow

Income$2,259Mortgage P&I$1,00845%Property Taxes$30914%Insurance$693%Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$106

Investment Breakdown

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Purchase Price

$193k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,509

Downpayment

20%

$38,580

Closing costs

1%

$1,929

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,259

Total Expenses

$2,153

Mortgage P&I

45%

$1,008

Property Taxes

14%

$309

Home Insurance

3%

$69

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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