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Appreciating Houston B.E.A.F. Single Family Rental $250k

1818 Jara Ct, Spring
ROI
13.89% IRR
Strategy
B.E.A.F
Large price drop! located in Spring, a suburb of Houston. The community is beautiful and well maintained. Perfect for an out of state or hands-off investor. 2014 build for minimal Capex. HOA covers front and side yard maintenance. Tenant is already in place paying $2150 per month through June 2025. The tenant has been there since 2018 and would like to renew. Taxes $5575. HOA $170.

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Appreciating Houston B.E.A.F. Single Family Rental $250k

Listed 09/04/2024

1818 Jara Ct, Spring

Purchase Price:$250,000

Cash Outlay:$67,500

Cashflow:$30/mo

Cap Rate:8.37%

IRR:13.89%

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