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$2,776 (target)

1804 Ursuline, Galveston, TX 77550

3 beds • 3 baths • 1345 sqft

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This property looks like a bad Mid-Term investment with a projected -11.65% first-year return on $110k initial cash invested.

-11.65%

Cash On Cash

3.53%

Cap Rate

0.57

DSCR

$2,776

Rent

-$1,063

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,776 income − $3,839 expenses = $1,063 out of pocket

Income$2,776Out of Pocket$1,063Mortgage P&I$2,23581%Property Taxes$50818%Insurance$1536%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,180

Closing costs

1%

$4,359

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,776

Total Expenses

$3,839

Mortgage P&I

81%

$2,235

Property Taxes

18%

$508

Home Insurance

6%

$153

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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