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$2,047 (target)

5503 80th St, Lubbock, TX 79424

3 beds • 2 baths • 2319 sqft

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This property looks like a bad Long-Term investment with a projected -10.48% first-year return on $63,000 initial cash invested.

-10.48%

Cash On Cash

4.34%

Cap Rate

0.71

DSCR

$2,047

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,047 income − $2,597 expenses = $550 out of pocket

Income$2,047Out of Pocket$550Mortgage P&I$1,53375%Property Taxes$42721%Insurance$1055%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,047

Total Expenses

$2,597

Mortgage P&I

75%

$1,533

Property Taxes

21%

$427

Home Insurance

5%

$105

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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