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Houston 1% Rule Single Family LTR $220k *great deal*

2030 Nichole Woods Dr, Houston
ROI
13.75% IRR
Strategy
Long Term Rental
Built in 2009 for minimal maintenance. Schools are rated 5s and 6s. Rental comps support $2400 per month. 2023 tax assessed value $254k. HOA $150 per month. Taxes $6736.

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Houston 1% Rule Single Family LTR $220k *great deal*

Listed 09/20/2024

2030 Nichole Woods Dr, Houston

Purchase Price:$220,000

Cash Outlay:$59,400

Cashflow:$131/mo

Cap Rate:6.10%

IRR:13.75%

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