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6501 86th St, Lubbock, TX 79424

3 beds • 2 baths • 1649 sqft

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This property looks like a bad Airbnb investment with a projected -5.87% first-year return on $65,019 initial cash invested.

-5.87%

Cash On Cash

4.94%

Cap Rate

0.8

DSCR

$2,260

Rent

-$318

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,260 income − $2,578 expenses = $318 out of pocket

Income$2,260Out of Pocket$318Mortgage P&I$1,14951%Property Taxes$26712%Insurance$783%Management$33915%CapEx$904%Maintenance$904%Other$56525%

Investment Breakdown

|

Purchase Price

$224k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,019

Downpayment

20%

$44,780

Closing costs

1%

$2,239

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,260

Total Expenses

$2,578

Mortgage P&I

51%

$1,149

Property Taxes

12%

$267

Home Insurance

3%

$78

HOA

0%

$0

Property Management

15%

$339

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$565

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