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5502 8th St, Lubbock, TX 79416

3 beds • 2 baths • 1768 sqft

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This property looks like a bad Airbnb investment with a projected -8.08% first-year return on $73,650 initial cash invested.

-8.08%

Cash On Cash

4.03%

Cap Rate

0.69

DSCR

$2,272

Rent

-$496

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,272

Total Expenses

$2,768

Mortgage P&I

57%

$1,296

Property Taxes

13%

$288

Home Insurance

4%

$93

HOA

0%

$0

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

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