4811 Sherman Blvd
Galveston, TX 77551
List Price
$569,999
$29K
Initial Investment
$239,970Purchase Price
$569,999
Down Payment
40%
Estimated daily rent & occupancy
$
days
Estimated average rent per year
$49,842
Total Return
$184,417
Annualized Return
11.7%
Cap Rate
3.7%
Gross Yield
8.7%
Cash Flow
-$5,797
Appreciation
6.8%
Reset to DefaultEdit Assumptions
Features
Lot Size
6,692
HOA
None
Flood Risk
Not Required
Pristine Denver Court home just a block from the beach, recent impact windows, large family room featuring parquet floors, formal living and dining rooms, updated kitchen with Quartz countertops and Saltillo tile flooring, Hardwood floors throughout the rest of the house, Zoned HVAC, cozy covered porch overlooking the tropically landscaped backyard with numerous fruit trees (key lime, plantains, figs, bananas, and a bay tree). Favorable flood zone.
See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146
Annual Financial Highlights
Expected Rent
$49,842Expenses
-$17,549Property Taxes
-$13,300Loan Payments
-$24,791Net Cash Flow
-$5,797See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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.
Listing Courtesy of:Gary Schero
Agent License 0404475
BHGRE Gary GreeneGalveston In Town
Agent License 0404475
BHGRE Gary GreeneGalveston In Town
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #50133564
Last Updated: 11/20/2022 08:11
MLS #50133564
Last Updated: 11/20/2022 08:11