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4102 Kiva Rd, Galveston, TX 77554

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Airbnb investment with a projected -12.79% first-year return on $122k initial cash invested.

-12.79%

Cash On Cash

3.18%

Cap Rate

0.54

DSCR

$4,014

Rent

-$1,300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,014

Total Expenses

$5,314

Mortgage P&I

61%

$2,451

Property Taxes

18%

$732

Home Insurance

4%

$173

HOA

1%

$30

Property Management

15%

$602

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,004

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