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Houston Single Family Rental $315k

10502 Spencer Lndg N, La Porte
ROI
12.31% IRR
Strategy
Long Term Rental
Located in La Porte, this community has seen a recent surge in investor interest. Schools are highly rated (8/6/5). I believe La Porte is one of the most under-valued communities in the Houston metro with a lot of room to appreciate in value. Lease comps support $2900. HOA $33. Taxes $7743.

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Houston Single Family Rental $315k

Listed 12/27/2024

10502 Spencer Lndg N, La Porte

Purchase Price:$315,000

Cash Outlay:$85,050

Cashflow:$83/mo

Cap Rate:6.15%

IRR:12.31%

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