Special offer

Houston / Cy-Fair Income Property For Sale.

By
Real Estate Agent with Signature Real Estate

3 Bedroom, 2 Bathroom, 2 Car Garage. Year Built: 1983, SF 1510

Asking Price84,208.00
Aprox. Value100,000.00
Investment Scenario 1: 10% Down 30-Year Fixed
Income
Monthly Rent1,100.00
Expenses
Mortgage ($76,000 with a 7.00% interest)505.63
Taxes ($2956.00)246.33
Insurance ($700.00)58.00
HOA ($250.00)20.83
Total830.79
Monthly Cash Flow269.21
Annual Cash Flow3,230.52
Cash Investment8,400.00
Annual Return on Investment38.46%
5 Year Outlook
Locked in Equity at Purchase16,000.00
Appreciation  (5% a year)25,000.00
Total Rental Income 16,152.60
Loan Repayment4,460.00
Total Return61,612.60