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3712 103rd St, Lubbock, TX 79423

3 beds • 2 baths • 1445 sqft

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This property might be a fair Airbnb investment with a projected 5.64% first-year return on $63,150 initial cash invested.

5.64%

Cash On Cash

8.38%

Cap Rate

1.39

DSCR

$3,208

Rent

$297

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$215k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,150

Downpayment

20%

$43,000

Closing costs

1%

$2,150

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,208

Total Expenses

$2,911

Mortgage P&I

34%

$1,077

Property Taxes

7%

$220

Home Insurance

2%

$75

HOA

0%

$0

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$802

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