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18423 Shaman Dr, Galveston, TX 77554

3 beds • 2 baths • 1533 sqft

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This property looks like a bad Airbnb investment with a projected -14.27% first-year return on $131k initial cash invested.

-14.27%

Cash On Cash

2.82%

Cap Rate

0.47

DSCR

$3,908

Rent

-$1,563

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$540k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,400

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,908

Total Expenses

$5,471

Mortgage P&I

68%

$2,674

Property Taxes

18%

$700

Home Insurance

5%

$189

HOA

1%

$33

Property Management

15%

$586

CapEx

4%

$156

Vacancy

0%

$0

Maintenance

4%

$156

Other

25%

$977

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