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6207 Lynnhaven Dr, Lubbock, TX 79413

3 beds • 3 baths • 3465 sqft

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This property looks like a bad Airbnb investment with a projected -16.02% first-year return on $106k initial cash invested.

-16.02%

Cash On Cash

2.27%

Cap Rate

0.38

DSCR

$2,511

Rent

-$1,415

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,511 income − $3,926 expenses = $1,415 out of pocket

Income$2,511Out of Pocket$1,415Mortgage P&I$2,10984%Property Taxes$46519%Insurance$1476%Management$37715%CapEx$1004%Maintenance$1004%Other$62825%

Investment Breakdown

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Purchase Price

$419k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,800

Closing costs

1%

$4,190

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,511

Total Expenses

$3,926

Mortgage P&I

84%

$2,109

Property Taxes

19%

$465

Home Insurance

6%

$147

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$628

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