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Houston 1% Rule SFR $210k

15919 Red Willow Dr, Houston
ROI
13.82% IRR
Strategy
Long Term Rental
3 bed 1975 build in Bear Creek Village sitting between Katy and downtown Houston on the I10 “energy corridor”. Lease comps support $2100 per month. Low cost $40 HOA and Taxes $5056.

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Houston 1% Rule SFR $210k

Listed 12/18/2024

15919 Red Willow Dr, Houston

Purchase Price:$210,000

Cash Outlay:$56,700

Cashflow:$111/mo

Cap Rate:6.47%

IRR:13.82%

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