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$2,058 (target)

5702 46th St, Lubbock, TX 79414

3 beds • 2 baths • 1324 sqft

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This property could be a profitable Mid-Term investment with a projected 21.26% first-year return on $39,000 initial cash invested.

21.26%

Cash On Cash

15.37%

Cap Rate

2.52

DSCR

$2,058

Rent

$691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,058 income − $1,367 expenses = $691 cash flow

Income$2,058Mortgage P&I$50825%Property Taxes$1256%Insurance$352%Management$24712%CapEx$824%Vacancy$623%Maintenance$824%Other$22611%Cash Flow$691

Investment Breakdown

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Purchase Price

$100,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,000

Downpayment

20%

$20,000

Closing costs

1%

$1,000

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,058

Total Expenses

$1,367

Mortgage P&I

25%

$508

Property Taxes

6%

$125

Home Insurance

2%

$35

HOA

0%

$0

Property Management

12%

$247

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

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