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5117 79th Dr, Lubbock, TX 79424

3 beds • 2 baths • 1709 sqft

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This property might be a fair Mid-Term investment with a projected 1.67% first-year return on $64,788 initial cash invested.

1.67%

Cash On Cash

6.98%

Cap Rate

1.17

DSCR

$2,444

Rent

$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,788

Downpayment

20%

$44,560

Closing costs

1%

$2,228

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,444

Total Expenses

$2,354

Mortgage P&I

45%

$1,108

Property Taxes

14%

$336

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$269

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