Special offer

CY-FAIR INCOME PROPERTY HOME FOR SALE

By
Real Estate Agent with Signature Real Estate

THIS HOME IS LOCATED IN THE NORTHWEST PART OF HOUSTON, IN THE CY-FAIR SCHOOL DISTRICT, BUILD YEAR: 2003, 1668 SF, 3 BEDROOMS, 2 BATHS, 2 CAR GARAGE.

See all houston bank foreclosures and houston hud homes

Contact Nelia Valdez- Real Estate VP
Signature Real Estate
713-952-3200

*All Property Values are estimates and must be independently verified

 

Asking Price$79,900.00
Aprox. Value$99,900.00
Investment Scenario 1: 10% Down 30-Year Fixed
Income
Monthly Rent$1,050.00
Expenses
Mortgage (10% Down Payment @ 7%)$479.00
Taxes ($3237.00)$275.00
Insurance ($1200.00)$100.00
HOA (n/a)$0.00
Total$854.00
Monthly Cash Flow$196.00
Annual Cash Flow$2,352.00
Cash Investment$7,000.00
Annual Return on Investment33.60%
5 Year Outlook
Locked in Equity at Purchase$20,000.00
Appreciation  (5% a year)$24,975.00
Total Rental Income $11,760.00
Loan Repayment$3,522.00
Total Return$60,257.00