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4015 Mitote Dr, Galveston, TX 77554

3 beds • 3 baths • 1358 sqft

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This property looks like a bad Airbnb investment with a projected -12.72% first-year return on $127k initial cash invested.

-12.72%

Cash On Cash

3.03%

Cap Rate

0.52

DSCR

$3,953

Rent

-$1,347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,195

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,953

Total Expenses

$5,300

Mortgage P&I

63%

$2,502

Property Taxes

17%

$677

Home Insurance

5%

$182

HOA

1%

$42

Property Management

15%

$593

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$988

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