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.
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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 Investment | 33.60% |
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 |
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