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5 Colony Park Cir, Galveston, TX 77551

3 beds • 2 baths • 2520 sqft

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This property looks like a bad Airbnb investment with a projected -19.96% first-year return on $139k initial cash invested.

-19.96%

Cash On Cash

1.44%

Cap Rate

0.24

DSCR

$2,729

Rent

-$2,306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,729 income − $5,035 expenses = $2,306 out of pocket

Income$2,729Out of Pocket$2,306Mortgage P&I$2,887106%Property Taxes$62823%Insurance$2017%HOA$10Management$40915%CapEx$1094%Maintenance$1094%Other$68225%

Investment Breakdown

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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

$2,729

Total Expenses

$5,035

Mortgage P&I

106%

$2,887

Property Taxes

23%

$628

Home Insurance

7%

$201

HOA

0%

$10

Property Management

15%

$409

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$682

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