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6006 102nd St, Lubbock, TX 79424

3 beds • 2 baths • 1466 sqft

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This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $60,000 initial cash invested.

1.3%

Cash On Cash

6.99%

Cap Rate

1.16

DSCR

$2,290

Rent

$65

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,290

Total Expenses

$2,225

Mortgage P&I

44%

$1,008

Property Taxes

16%

$367

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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