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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 Airbnb investment with a projected -11.18% first-year return on $90,366 initial cash invested.

-11.18%

Cash On Cash

3.43%

Cap Rate

0.57

DSCR

$2,571

Rent

-$842

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

$90,366

Downpayment

20%

$68,920

Closing costs

1%

$3,446

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,571

Total Expenses

$3,413

Mortgage P&I

67%

$1,724

Property Taxes

13%

$328

Home Insurance

5%

$126

HOA

0%

$0

Property Management

15%

$386

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$643

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Comparable Property

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Distance

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$1,100

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2

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$2,850

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5

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0.6 mi

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