7121 AVENUE P 1/2
GALVESTON, TX 77551
List Price
$255,000
Initial Investment
$69,488Purchase Price
$255,000
Down Payment
25%
Rent
$1,870
Total Return
$94,384
Annualized Return
18.5%
Cap Rate
5.4%
Gross Yield
8.8%
Cash Flow
-$940
Appreciation
6.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,750
HOA
None
Flood Risk
High Risk - Zone AE
Beautiful Galveston Beach Bungalow. Come and see this gorgeous home located minutes from the Beach, Schlitterbahn and Moody Gardens. Perfect to call home or a weekend getaway. Updated flooring, interior paint, countertops, lighting and fans. Beautiful back deck for all your entertainment desires and a spacious garage with work bench for all your storage needs. Bonus 1800 SQFT of back lot completely wood fenced to build an income producing home or use to create another entertainment space for your guests. So many options with this Beauty! Schedule a showing today!
See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495
Annual Financial Highlights
Expected Rent
$21,318Expenses
-$3,795Property Taxes
-$4,600Loan Payments
-$13,863Net Cash Flow
-$940See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceHouston Association of REALTORS®
MLS #77898007
Last Updated: 04/03/2025 09:04
MLS #77898007
Last Updated: 04/03/2025 09:04