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$3,406 (target)

3915 1st St, Galveston, TX 77554

3 beds • 2 baths • 1040 sqft

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This property might be a fair Mid-Term investment with a projected 0.13% first-year return on $84,675 initial cash invested.

0.13%

Cash On Cash

6.5%

Cap Rate

1.09

DSCR

$3,406

Rent

$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,406 income − $3,397 expenses = $9 cash flow

Income$3,406Mortgage P&I$1,57546%Property Taxes$48214%Insurance$1825%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$9

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,675

Downpayment

20%

$63,500

Closing costs

1%

$3,175

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,406

Total Expenses

$3,397

Mortgage P&I

46%

$1,575

Property Taxes

14%

$482

Home Insurance

5%

$182

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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