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1506 17th Ave N, Texas City, TX 77590

4 beds • 3 baths • 2344 sqft

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This property looks like a bad Airbnb investment with a projected -4.81% first-year return on $88,050 initial cash invested.

-4.81%

Cash On Cash

5.26%

Cap Rate

0.86

DSCR

$3,600

Rent

-$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$305k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,050

Downpayment

20%

$61,000

Closing costs

1%

$3,050

Rehab

0%

$0

Furnishing

8%

$24,000

Cashflow

Total Income

$3,600

Total Expenses

$3,953

Mortgage P&I

43%

$1,547

Property Taxes

16%

$571

Home Insurance

3%

$107

HOA

0%

$0

Property Management

15%

$540

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$900

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Comparable Property

Rent

ADR

Beds

Baths

Distance

Expansive Texas City Retreat ~ 16 Mi to Galveston!

$7,645

$457

4

3.5

0.37 mi

Heated Pool-King Bd, pool table,Wi-Fi, Smart TVs

$5,487

$328

4

2.5

0.7 mi

Amazing 4BR 2Bath Home with Pool & Game-Movie Room

$4,801

$287

4

2

1.02 mi

Texas City outdoor oasis w/pool

$3,580

$214

4

2

0.89 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

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