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Houston 1% Rule SFR $220k *excellent deal*

806 Robinson Rd, La Porte
ROI
17.15% IRR
Strategy
Long Term Rental
This will move quickly. Lease comps are consistent between $2200-$2300 for similar square footage rentals in the same subdivision. Schools are desirable and rated 8/6/5. The property is in great condition and will cashflow while appreciating in a good area. No HOA and low taxes $4851.

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Houston 1% Rule SFR $220k *excellent deal*

Listed 12/18/2024

806 Robinson Rd, La Porte

Purchase Price:$220,000

Cash Outlay:$59,400

Cashflow:$247/mo

Cap Rate:7.18%

IRR:17.15%

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