REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,062 (target)

3919 2nd St, Galveston, TX 77554

3 beds • 4 baths • 1640 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.26% first-year return on $86,880 initial cash invested.

1.26%

Cash On Cash

6.92%

Cap Rate

1.15

DSCR

$4,062

Rent

$91

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,062 income − $3,971 expenses = $91 cash flow

Income$4,062Mortgage P&I$1,63840%Property Taxes$83821%Insurance$1153%Management$48712%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44711%Cash Flow$91

Investment Breakdown

|

Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,880

Downpayment

20%

$65,600

Closing costs

1%

$3,280

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,062

Total Expenses

$3,971

Mortgage P&I

40%

$1,638

Property Taxes

21%

$838

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$487

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$447

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis