REI Lense

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$5,052 (target)

18611 Warrior Rd, Galveston, TX 77554

3 beds • 2 baths • 1496 sqft

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This property looks like a bad Mid-Term investment with a projected -2.73% first-year return on $128k initial cash invested.

-2.73%

Cash On Cash

5.84%

Cap Rate

0.97

DSCR

$5,052

Rent

-$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,052 income − $5,344 expenses = $292 out of pocket

Income$5,052Out of Pocket$292Mortgage P&I$2,64552%Property Taxes$76315%Insurance$1844%HOA$341%Management$60612%CapEx$2024%Vacancy$1523%Maintenance$2024%Other$55611%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,052

Total Expenses

$5,344

Mortgage P&I

52%

$2,645

Property Taxes

15%

$763

Home Insurance

4%

$184

HOA

1%

$34

Property Management

12%

$606

CapEx

4%

$202

Vacancy

3%

$152

Maintenance

4%

$202

Other

11%

$556

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