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1416 Sealy St, Galveston, TX 77550

3 beds • 2 baths • 2524 sqft

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This property looks like a bad Long-Term investment with a projected -20.62% first-year return on $163k initial cash invested.

-20.62%

Cash On Cash

1.81%

Cap Rate

0.31

DSCR

$2,690

Rent

-$2,796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,690

Total Expenses

$5,486

Mortgage P&I

142%

$3,831

Property Taxes

26%

$686

Home Insurance

10%

$271

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$134

Vacancy

6%

$161

Maintenance

5%

$134

Other

0%

$0

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