REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,539 (target)

4023 1st St, Galveston, TX 77554

3 beds • 3 baths • 2228 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.19% first-year return on $105k initial cash invested.

-10.19%

Cash On Cash

4.44%

Cap Rate

0.72

DSCR

$3,539

Rent

-$890

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,539 income − $4,429 expenses = $890 out of pocket

Income$3,539Out of Pocket$890Mortgage P&I$2,55872%Property Taxes$75621%Insurance$1755%HOA$201%Management$35410%CapEx$1775%Vacancy$2126%Maintenance$1775%

Investment Breakdown

|

Purchase Price

$499k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$99,800

Closing costs

1%

$4,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,539

Total Expenses

$4,429

Mortgage P&I

72%

$2,558

Property Taxes

21%

$756

Home Insurance

5%

$175

HOA

1%

$20

Property Management

10%

$354

CapEx

5%

$177

Vacancy

6%

$212

Maintenance

5%

$177

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis