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5217 8th St, Lubbock, TX 79416

3 beds • 2 baths • 1812 sqft

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This property looks like a bad Airbnb investment with a projected -10.7% first-year return on $66,300 initial cash invested.

-10.7%

Cash On Cash

3.56%

Cap Rate

0.57

DSCR

$1,905

Rent

-$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $2,496 expenses = $591 out of pocket

Income$1,905Out of Pocket$591Mortgage P&I$1,19863%Property Taxes$30416%Insurance$804%Management$28615%CapEx$764%Maintenance$764%Other$47625%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,300

Downpayment

20%

$46,000

Closing costs

1%

$2,300

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,905

Total Expenses

$2,496

Mortgage P&I

63%

$1,198

Property Taxes

16%

$304

Home Insurance

4%

$80

HOA

0%

$0

Property Management

15%

$286

CapEx

4%

$76

Vacancy

0%

$0

Maintenance

4%

$76

Other

25%

$476

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