REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,028 (target)

9317 Salisbury Ave, Lubbock, TX 79424

3 beds • 3 baths • 3508 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.28% first-year return on $143k initial cash invested.

-0.28%

Cash On Cash

6.41%

Cap Rate

1.07

DSCR

$6,028

Rent

-$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,028 income − $6,061 expenses = $33 out of pocket

Income$6,028Out of Pocket$33Mortgage P&I$2,97449%Property Taxes$85114%Insurance$1873%Management$72312%CapEx$2414%Vacancy$1813%Maintenance$2414%Other$66311%

Investment Breakdown

|

Purchase Price

$596k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,955

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,028

Total Expenses

$6,061

Mortgage P&I

49%

$2,974

Property Taxes

14%

$851

Home Insurance

3%

$187

HOA

0%

$0

Property Management

12%

$723

CapEx

4%

$241

Vacancy

3%

$181

Maintenance

4%

$241

Other

11%

$663

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis