REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,266 (target)

4803 Fordham St, Lubbock, TX 79416

3 beds • 2 baths • 1280 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.74% first-year return on $59,979 initial cash invested.

1.74%

Cash On Cash

7.34%

Cap Rate

1.17

DSCR

$2,266

Rent

$87

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,266 income − $2,179 expenses = $87 cash flow

Income$2,266Mortgage P&I$1,04446%Property Taxes$29413%Insurance$703%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$87

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,266

Total Expenses

$2,179

Mortgage P&I

46%

$1,044

Property Taxes

13%

$294

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis