1015 Sealy St
Galveston, TX 77550
List Price
$274,900
Initial Investment
$74,910Purchase Price
$274,900
Down Payment
25%
Rent
$2,410
Total Return
$91,317
Annualized Return
18.1%
Cap Rate
6.7%
Gross Yield
10.5%
Cash Flow
$2,271
Appreciation
5.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
2,570
HOA
None
Flood Risk
High Risk - Zone AE
Wonderful opportunity located in the historical district Galveston, TX! This 3-bedroom, two-bathroom home has excellent potential for a primary home, short-term rental, or vacation home. It is located just a short distance from Stewart Beach, the Strand, and the Seawall. UTMB and Shriners Hospitals are also close by. Substantially updated, ready for your finishing touches. Features include 2nd floor spacious kitchen and living combination, primary bedroom and full bath. Private deck out back perfect for entertaining. 1st floor adds 2 additional bedrooms and full bath. Backyard is low maintenance with covered area and artificial turf.
See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495
Annual Financial Highlights
Expected Rent
$27,474Expenses
-$5,308Property Taxes
-$4,950Loan Payments
-$14,945Net Cash Flow
$2,271See 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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