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 |
Comments(1)