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$2,164 (target)

4818 46th St, Lubbock, TX 79414

3 beds • 2 baths • 1437 sqft

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This property might be a fair Mid-Term investment with a projected 9.6% first-year return on $51,138 initial cash invested.

9.6%

Cash On Cash

10.03%

Cap Rate

1.6

DSCR

$2,164

Rent

$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,164 income − $1,755 expenses = $409 cash flow

Income$2,164Mortgage P&I$82338%Property Taxes$1417%Insurance$542%Management$26012%CapEx$874%Vacancy$653%Maintenance$874%Other$23811%Cash Flow$409

Investment Breakdown

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Purchase Price

$158k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,138

Downpayment

20%

$31,560

Closing costs

1%

$1,578

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,164

Total Expenses

$1,755

Mortgage P&I

38%

$823

Property Taxes

7%

$141

Home Insurance

3%

$54

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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