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$4,490,000

NAL Estimated Property Value

3402 Package Property, Lubbock, TX, 79415

Off MarketInfo

Property Lead Type:

Off-Market List

About this property

This 25 property package features 4 bedroom 2 bathroom 2 car garage homes. It is a prime investment opportunity. The properties are about a year old, so should have very little maintenance. They are approximately 97% occupied with 56% pre-leased for the 2019-2020 school year. All 25 units are on the same street and are minutes from Texas Tech & Lubbock Christian University as well as UMC & Covenant Health. Call or email for additional information today.

Investor Tools

Property Icon
$4,490,000
Estimated Property Value
$0Estimated Mortgage Balance
$4,490,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,940 /month
Positive
Cash Flow Estimate:
$8,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Lubbock

3402 Package Property | Property Details | No Agent List