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13684 Mutiny Ln, Galveston, TX 77554

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Airbnb investment with a projected -18.74% first-year return on $123k initial cash invested.

-18.74%

Cash On Cash

2.35%

Cap Rate

0.35

DSCR

$3,080

Rent

-$1,918

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,080 income − $4,998 expenses = $1,918 out of pocket

Income$3,080Out of Pocket$1,918Mortgage P&I$2,77190%Property Taxes$53617%Insurance$1756%HOA$381%Management$46215%CapEx$1234%Maintenance$1234%Other$77025%

Investment Breakdown

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Purchase Price

$499k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,080

Total Expenses

$4,998

Mortgage P&I

90%

$2,771

Property Taxes

17%

$536

Home Insurance

6%

$175

HOA

1%

$38

Property Management

15%

$462

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$770

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