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$4,068 (target)

2815 41st St, Galveston, TX 77550

3 beds • 3 baths • 2344 sqft

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This property looks like a bad Mid-Term investment with a projected -14.91% first-year return on $144k initial cash invested.

-14.91%

Cash On Cash

3.29%

Cap Rate

0.5

DSCR

$4,068

Rent

-$1,786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,068 income − $5,854 expenses = $1,786 out of pocket

Income$4,068Out of Pocket$1,786Mortgage P&I$3,26580%Property Taxes$99624%Insurance$2105%Management$48812%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44711%

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,068

Total Expenses

$5,854

Mortgage P&I

80%

$3,265

Property Taxes

24%

$996

Home Insurance

5%

$210

HOA

0%

$0

Property Management

12%

$488

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$447

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