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$2,748 (target)

5703 109th St, Lubbock, TX 79424

3 beds • 2 baths • 1804 sqft

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This property might be a fair Mid-Term investment with a projected 2.3% first-year return on $74,574 initial cash invested.

2.3%

Cash On Cash

7.07%

Cap Rate

1.19

DSCR

$2,748

Rent

$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,748 income − $2,605 expenses = $143 cash flow

Income$2,748Mortgage P&I$1,33449%Property Taxes$2419%Insurance$963%Management$33012%CapEx$1104%Vacancy$823%Maintenance$1104%Other$30211%Cash Flow$143

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,574

Downpayment

20%

$53,880

Closing costs

1%

$2,694

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,748

Total Expenses

$2,605

Mortgage P&I

49%

$1,334

Property Taxes

9%

$241

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$330

CapEx

4%

$110

Vacancy

3%

$82

Maintenance

4%

$110

Other

11%

$302

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