REI Lense

REI Lense

Unlock all features! Tap here to upgrade

802 Genoa Ave, Lubbock, TX 79416

3 beds • 2 baths • 1617 sqft

Email

This property looks like a bad Airbnb investment with a projected -3.57% first-year return on $62,940 initial cash invested.

-3.57%

Cash On Cash

5.56%

Cap Rate

0.92

DSCR

$2,508

Rent

-$187

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,940

Downpayment

20%

$42,800

Closing costs

1%

$2,140

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,508

Total Expenses

$2,695

Mortgage P&I

43%

$1,078

Property Taxes

14%

$339

Home Insurance

3%

$75

HOA

0%

$0

Property Management

15%

$376

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$627

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis