REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,258 (target)

3702 48th St, Lubbock, TX 79413

3 beds • 3 baths • 1717 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $62,961 initial cash invested.

-0.19%

Cash On Cash

6.61%

Cap Rate

1.07

DSCR

$2,258

Rent

-$10

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,258 income − $2,268 expenses = $10 out of pocket

Income$2,258Out of Pocket$10Mortgage P&I$1,10049%Property Taxes$32414%Insurance$773%Management$27112%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,961

Downpayment

20%

$42,820

Closing costs

1%

$2,141

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,258

Total Expenses

$2,268

Mortgage P&I

49%

$1,100

Property Taxes

14%

$324

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$271

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis