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1812 20th St, Galveston, TX 77550

2 beds • 2 baths • 726 sqft

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This property looks like a bad Long-Term investment with a projected -13.33% first-year return on $62,664 initial cash invested.

-13.33%

Cash On Cash

3.51%

Cap Rate

0.59

DSCR

$1,800

Rent

-$696

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,664

Downpayment

20%

$59,680

Closing costs

1%

$2,984

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$2,496

Mortgage P&I

82%

$1,478

Property Taxes

24%

$440

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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