Zip Code 79410 โ€” Lubbock, TX

๐ŸŸขSTRONGโ€” excellent cash flow market
B

Good

Solid returns, moderate risk ยท Score: 72/100

Cap Rate

8.2%

Monthly Cash Flow

+$282

Median Home Price

$185,700

DSCR

1.29

Fair Market Rents

Studio
$940/mo
1 Bedroom
$1,120/mo
2 Bedroom
$1,340/mo
3 Bedroom
$1,870/mo
4 Bedroom
$2,200/mo

Investment Metrics

Cap Rate
8.2%
Cash-on-Cash Return
7.9%
Price-to-Rent Ratio
8.3
1% Rule
1.01%
Gross Rent Multiplier
8.3
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’