REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

1416 Sealy St, Galveston, TX 77550

3 beds • 2 baths • 2524 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.9% first-year return on $181k initial cash invested.

-19.9%

Cash On Cash

1.5%

Cap Rate

0.25

DSCR

$3,442

Rent

-$2,998

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

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,442

Total Expenses

$6,440

Mortgage P&I

111%

$3,831

Property Taxes

20%

$686

Home Insurance

8%

$271

HOA

0%

$0

Property Management

15%

$516

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$860

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

1877 Historic Home / Heated Pool

$5,604

$392

3

3

0.16 mi

2 Homes! Walk to Beach - 5 mins to Strand & Cruise Port

$5,718

$400

3

3

0.31 mi

2 Homes! Walk to Beach - 5 mins to Cruise Port

$5,132

$359

3

3

0.31 mi

Old No. 1915

$4,818

$337

3

2

0.15 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis