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808 N Fulton Ave, Lubbock, TX 79416

3 beds • 2 baths • 1983 sqft

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This property looks like a bad Airbnb investment with a projected -13.8% first-year return on $87,300 initial cash invested.

-13.8%

Cash On Cash

2.68%

Cap Rate

0.45

DSCR

$2,228

Rent

-$1,004

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $3,232 expenses = $1,004 out of pocket

Income$2,228Out of Pocket$1,004Mortgage P&I$1,65274%Property Taxes$39518%Insurance$1165%Management$33415%CapEx$894%Maintenance$894%Other$55725%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,300

Downpayment

20%

$66,000

Closing costs

1%

$3,300

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,228

Total Expenses

$3,232

Mortgage P&I

74%

$1,652

Property Taxes

18%

$395

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$334

CapEx

4%

$89

Vacancy

0%

$0

Maintenance

4%

$89

Other

25%

$557

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