FREE book: The Book on Texas Real Estate Investing — download now

Houston Single Family Rental $269k

22650 Rosebush Hill Rd, Tomball
ROI
12.30% IRR
Strategy
Short Term Rental
Schools are rated in the 6s. 1700sqft 3 bedroom home built in 2022 for minimal Capex. Lease comps are very strong at $2300 per month and low vacancy rates. The tax assessed value is $293k and there was a recent $20k price drop and days on market is climbing so you should be able to land around $260k and walk into $35k in equity upon closing. Taxes on the 293k value were $9222. $48 HOA.

Enter your email to download the proforma

< Back to Daily Deals

Houston Single Family Rental $269k

Listed 09/30/2024

22650 Rosebush Hill Rd, Tomball

Purchase Price:$260,000

Cash Outlay:$70,200

Cashflow:$154/mo

Cap Rate:4.67%

IRR:12.30%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Mid Term Rental

San Antonio OFF MARKET Down Town Duplex $299k

1119 W Myrtle St, San Antonio

Purchase Price:$299,000

Cash Outlay:$80,730

Cashflow:$48/mo

Cap Rate:5.59%

IRR:11.33%

Long Term Rental

Houston Single Family Rental $344k

10618 Cascade Creek Dr, Rosharon

Purchase Price:$344,000

Cash Outlay:$92,880

Cashflow:$354/mo

Cap Rate:6.63%

IRR:16.38%

Long Term Rental

San Marcos Fully Occupied Quadplex $399k

1634 Post Rd, San Marcos

Purchase Price:$399,000

Cash Outlay:$107,730

Cashflow:$549/mo

Cap Rate:7.05%

IRR:18.40%

Long Term Rental

DFW Fully Occupied Duplex $440k

11358 Quail Run St #358 & 360, Dallas

Purchase Price:$440,000

Cash Outlay:$118,800

Cashflow:$440/mo

Cap Rate:6.60%

IRR:16.22%

Long Term Rental

Houston Portfolio of 2 Single Family Homes $668k

10614 Cascade Creek and 10611 Crescent Peak, Rosharon

Purchase Price:$668,000

Cash Outlay:$180,360

Cashflow:$760/mo

Cap Rate:6.76%

IRR:17.01%

Long Term Rental

Houston Portfolio of 3 Single Family Homes $902k

10607 Crescent Peak, 10603 Cascade Creek, 10631 Cascade Creek

Purchase Price:$902,000

Cash Outlay:$243,540

Cashflow:$897/mo

Cap Rate:6.59%

IRR:16.18%