THIS IS A SINGLE FAMILY CONSIST OF 3 BEDROOMS, 2 BATHROOMS AND 2 ATTACH CAR GARAGE; LOCATED IN THE COUNTY OF GALVESTON, TEXAS CITY NEAR I-45 AND 1746; YEAR BUILT 2005, SF 1350.
FOR MORE INFORMATION PLEASE CALL ME @ 713-480-1939
| Asking Price | 100,000.00 |
| Aprox. Value | 124,000.00 |
| Investment Scenario 1: 10% Down 30-Year Fixed | |
| Income | |
| Monthly Rent | 1,275.00 |
| Expenses | |
| Mortgage ($60,000 with a 7.00% interest) | 598.77 |
| Taxes ($3028.00) | 340.00 |
| Insurance ($1080.00) | 90.00 |
| HOA ($372.00) | 10.50 |
| Total | 1,039.27 |
| Monthly Cash Flow | 235.73 |
| Annual Cash Flow | 2,828.76 |
| Cash Investment | 10,000.00 |
| Annual Return on Investment | 28.29% |
| 5 Year Outlook | |
| Locked in Equity at Purchase | 24,000.00 |
| Appreciation (5% a year) | 31,000.00 |
| Total Rental Income | 14,143.80 |
| Loan Repayment | 5,282.00 |
| Total Return | 74,425.80 |
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