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3627 56th St, Lubbock, TX 79413

3 beds • 3 baths • 2092 sqft

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This property looks like a bad Airbnb investment with a projected -8.78% first-year return on $78,270 initial cash invested.

-8.78%

Cash On Cash

3.89%

Cap Rate

0.66

DSCR

$2,521

Rent

-$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,270

Downpayment

20%

$57,400

Closing costs

1%

$2,870

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,521

Total Expenses

$3,094

Mortgage P&I

56%

$1,403

Property Taxes

15%

$378

Home Insurance

4%

$103

HOA

0%

$0

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$630

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