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$3,838 (target)

2207 Avenue P, Galveston, TX 77550

3 beds • 2 baths • 2298 sqft

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This property looks like a bad Mid-Term investment with a projected -14.93% first-year return on $156k initial cash invested.

-14.93%

Cash On Cash

2.74%

Cap Rate

0.46

DSCR

$3,838

Rent

-$1,943

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,838 income − $5,781 expenses = $1,943 out of pocket

Income$3,838Out of Pocket$1,943Mortgage P&I$3,29286%Property Taxes$93824%Insurance$2456%Management$46112%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42211%

Investment Breakdown

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Purchase Price

$658k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$132k

Closing costs

1%

$6,581

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,838

Total Expenses

$5,781

Mortgage P&I

86%

$3,292

Property Taxes

24%

$938

Home Insurance

6%

$245

HOA

0%

$0

Property Management

12%

$461

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$422

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