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Houston Single Family Rental $200k

17746 S Cypress Villas Dr, Spring
ROI
11.21% IRR
Strategy
Short Term Rental
6 rated schools. Lease supports $1850 per month. Asking is $209k and I think you can land it for $200k. The property is worth $245k. Motivated seller just reduced the asking to $209k on Monday. $45/ month hoa. Taxes $5196.

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Houston Single Family Rental $200k

Listed 10/17/2024

17746 S Cypress Villas Dr, Spring

Purchase Price:$200,000

Cash Outlay:$54,000

Cashflow:$32/mo

Cap Rate:5.50%

IRR:11.21%

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