REI Lense

REI Lense

Unlock all features! Tap here to upgrade

5 Colony Park Cir, Galveston, TX 77551

3 beds • 2 baths • 2520 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.17% first-year return on $139k initial cash invested.

-20.17%

Cash On Cash

1.39%

Cap Rate

0.23

DSCR

$2,682

Rent

-$2,330

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,682 income − $5,012 expenses = $2,330 out of pocket

Income$2,682Out of Pocket$2,330Mortgage P&I$2,887108%Property Taxes$62823%Insurance$2017%HOA$10Management$40215%CapEx$1074%Maintenance$1074%Other$67025%

Investment Breakdown

|

Purchase Price

$575k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$115k

Closing costs

1%

$5,745

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,682

Total Expenses

$5,012

Mortgage P&I

108%

$2,887

Property Taxes

23%

$628

Home Insurance

7%

$201

HOA

0%

$10

Property Management

15%

$402

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$670

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis