(Lubbock TX) 🔑TURN KEY CASH FLOW RENTAL $500/MO IN LUBBOCK TX🔑

Attention real estate investors: Excellent Location 10 minutes from Texas Tech, Close to Restaurants, Just 5 minutes from Lubbock Shopping Center & Easy Access to the Nearby I-27 and 289 Loop. Tons of potential for profit in a great town of Lubbock.

ASKING PRICE: $80K

Rental Income : $1100/mo

Cash Flow after PTI : $500/mo

Perfect For:

🚪 Buy and Hold 1%

(Purchase Price) $80K + (Rental Rehab= Turn Key) $0k = (Total Investment) $80k

(Current Rent Rate) $1100/mo -$600/mo(PTI) = cash flow $500/mo

Rental Comps:

5419 Ave D Avenue, Lubbock Tx 79410 - Rent $1095/mo

(Simple Rehab)

5508 Avenue G, Lubbock TX 79410 - Rent-1050/mo

(Simple Rehab 6 DOM)

👀 Buy With Equity

(Purchase Price) $85K

Cash Comps:

421 36th Street, Lubbock TX 79410 - SOLD $103k

(Sold Fast For Cash)

1507 31st Street, Lubbock TX 79410 - SOLD $99k

(Dated Condition Sold Fast For Cash)

Property Overview:

🛏 3 Bedrooms

🛁 1 Bathroom

📏 960 sqft of potential

📅 Built in 1947

Property Details:

🧱Exterior: Vinyl Siding


🏠Roof: 3 years old

🪠Utilities: Breakers in service panel

💦Newer Hot Water Heater

🥵New A/C Unit: Last year 

Additional Insights:

🚀 Area: Many flips and rentals pending

🕒 History:  Previous Tenant at $1000/mo 

🚧 Attention Required: NONE TURN KEY READY🔑

🔄 Vacancy:  Vacant 

PLEASE CALL TO SCHEDULE SHOWINGS

214-286-6940

TENTATIVE CLOSE DATE ON OR BEFORE 08/2/2024