REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,659 (target)

4213 38th St, Lubbock, TX 79413

3 beds • 2 baths • 1630 sqft

Email

This property might be a fair Long-Term investment with a projected 3.07% first-year return on $33,579 initial cash invested.

3.07%

Cash On Cash

7.61%

Cap Rate

1.2

DSCR

$1,659

Rent

$86

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,659 income − $1,573 expenses = $86 cash flow

Income$1,659Mortgage P&I$84551%Property Taxes$24014%Insurance$563%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%Cash Flow$86

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,659

Total Expenses

$1,573

Mortgage P&I

51%

$845

Property Taxes

14%

$240

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis