THIS HOME IS A 4 BEDROOMS, 2 BATH, 2 CAR GARAGE LOCATED NEAR I-10 EAST. YEAR BUILD 1968, SF 1800.

See all houston bank foreclosures and houston hud homes

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

Asking Price $92,250.00
Aprox. Value $114,500.00
Investment Scenario 1: 10% Down 30-Year Fixed
Income
Monthly Rent $1,200.00
Expenses
Mortgage (10% Down Payment @ 7%) $552.20
Taxes ($2939.00) $244.91
Insurance ($960) $80.00
Homeowner Association ($200) $16.60
Total $893.71
Monthly Cash Flow $306.29
Annual Cash Flow $3,675.48
Cash Investment $9,000.00
Annual Return on Investment 40.84%
5 Year Outlook
Locked in Equity at Purchase $22,250.00
Appreciation  (5% a year) $28,625.00
Total Rental Income  $18,377.40
Loan Repayment $4,871.00
Total Return $74,123.40
 

1 Comments on East Houston Income Property for Sale

JUL
28
2009
Outside Blog

At a quick glance, this looks like a great deal. And Houston is a great market. Do you have any income properties newer than 1980?
12:15pm • #1


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Nelia Valdez

Sugar Land, TX

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Signature Real Estate

Office Phone: (713) 952-3200

Cell Phone: (713) 480-1939

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