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$2,787 (target)

7616 84th St, Lubbock, TX 79424

3 beds • 2 baths • 2029 sqft

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This property might be a fair Mid-Term investment with a projected 0.78% first-year return on $75,330 initial cash invested.

0.78%

Cash On Cash

6.84%

Cap Rate

1.11

DSCR

$2,787

Rent

$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,787 income − $2,738 expenses = $49 cash flow

Income$2,787Mortgage P&I$1,39550%Property Taxes$30011%Insurance$963%Management$33412%CapEx$1114%Vacancy$843%Maintenance$1114%Other$30711%Cash Flow$49

Investment Breakdown

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Purchase Price

$273k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,330

Downpayment

20%

$54,600

Closing costs

1%

$2,730

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,787

Total Expenses

$2,738

Mortgage P&I

50%

$1,395

Property Taxes

11%

$300

Home Insurance

3%

$96

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$307

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