REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

18423 Shaman Dr, Galveston, TX 77554

3 beds • 2 baths • 1533 sqft

Email

This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $113k initial cash invested.

-13.71%

Cash On Cash

3.41%

Cap Rate

0.57

DSCR

$3,110

Rent

-$1,296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,110

Total Expenses

$4,406

Mortgage P&I

86%

$2,674

Property Taxes

23%

$700

Home Insurance

6%

$189

HOA

1%

$33

Property Management

10%

$311

CapEx

5%

$156

Vacancy

6%

$187

Maintenance

5%

$156

Other

0%

$0

Loading map...

Comparable Property

Rent

Beds

Baths

SQFT

Distance

4019 Mitote Dr, Galveston, TX 77554

$3,000

3

2

1600

0.2 mi

4014 Mitote Dr, Galveston, TX 77554

$2,700

3

2

1650

0.2 mi

16518 Jean Lafitte Rd, Jamaica Beach, TX 77554

$2,450

3

2

1550

1.9 mi

16518 Jean Lafitte Rd, Galveston, TX 77554

$2,450

3

2

1550

1.9 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis