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1618 Bayou Shore Dr, Galveston, TX 77551

3 beds • 2 baths • 1158 sqft

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This property looks like a bad Long-Term investment with a projected -12.2% first-year return on $72,366 initial cash invested.

-12.2%

Cash On Cash

3.78%

Cap Rate

0.63

DSCR

$1,950

Rent

-$736

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,366

Downpayment

20%

$68,920

Closing costs

1%

$3,446

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,950

Total Expenses

$2,686

Mortgage P&I

88%

$1,724

Property Taxes

17%

$328

Home Insurance

6%

$126

HOA

0%

$0

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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