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$1,740 (target)

4201 E 61st St, Lubbock, TX 79403

3 beds • 2 baths • 1067 sqft

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This property might be a fair Mid-Term investment with a projected 3.82% first-year return on $47,736 initial cash invested.

3.82%

Cash On Cash

8.31%

Cap Rate

1.29

DSCR

$1,740

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,740 income − $1,588 expenses = $152 cash flow

Income$1,740Mortgage P&I$75944%Property Taxes$18611%Insurance$513%Management$20912%CapEx$704%Vacancy$523%Maintenance$704%Other$19111%Cash Flow$152

Investment Breakdown

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Purchase Price

$142k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,736

Downpayment

20%

$28,320

Closing costs

1%

$1,416

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,740

Total Expenses

$1,588

Mortgage P&I

44%

$759

Property Taxes

11%

$186

Home Insurance

3%

$51

HOA

0%

$0

Property Management

12%

$209

CapEx

4%

$70

Vacancy

3%

$52

Maintenance

4%

$70

Other

11%

$191

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