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711 31st St, Galveston, TX 77550

3 beds • 2 baths • 1083 sqft

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This property might be a fair Airbnb investment with a projected 0.21% first-year return on $67,350 initial cash invested.

0.21%

Cash On Cash

6.71%

Cap Rate

1.11

DSCR

$2,942

Rent

$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,942 income − $2,930 expenses = $12 cash flow

Income$2,942Mortgage P&I$1,18540%Property Taxes$2508%Insurance$823%Management$44115%CapEx$1184%Maintenance$1184%Other$73625%Cash Flow$12

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,942

Total Expenses

$2,930

Mortgage P&I

40%

$1,185

Property Taxes

9%

$250

Home Insurance

3%

$82

HOA

0%

$0

Property Management

15%

$441

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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