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Houston 1% Rule SFR $200k

10815 Sageriver Dr, Houston
ROI
13.92% IRR
Strategy
Long Term Rental
3 bed 1979 build with low-cost HOA ($16). Lease comps are solid and support $1950-$2050 per month for similar square footage in the subdivision. Taxes $4986.

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Houston 1% Rule SFR $200k

Listed 12/18/2024

10815 Sageriver Dr, Houston

Purchase Price:$200,000

Cash Outlay:$54,000

Cashflow:$110/mo

Cap Rate:6.49%

IRR:13.92%

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