🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Light Value-Add 3 Bed Hitting the 1% Rule in a High Growth Area of Houston

4226 Rosegate Dr, Spring
ROI
22.38% IRR
Strategy
Long Term Rental
Light value-add 3 bed hitting the 1% Rule in a high growth area of Houston. Needs floors, paint, cabinets. ARV 195-210k. 3 bed, 2 bath 1,334 sq ft single story built in 1977. Surface level updates needed including floors, paint, minor drywall repair, and kitchen cabinets.

Enter your email to download the proforma

< Back to Daily Deals

Light Value-Add 3 Bed Hitting the 1% Rule in a High Growth Area of Houston

Listed 04/03/2023

4226 Rosegate Dr, Spring

Purchase Price:$148,000

Cash Outlay:$54,960

Cashflow:$161/mo

Cap Rate:6.51%

IRR:22.38%

Talk to an analyst about this property

Get a response in less than 24 hours.
Message

See other properties

Long Term Rental

Katy 2022 Build Single Family Rental $265k Rent $2350

26806 Wilderye Cove Ln, Katy

Purchase Price:$265,000

Cash Outlay:$71,550

Cashflow:$256/mo

Cap Rate:4.68%

IRR:13.97%

Long Term Rental

DFW 2021 Build Single Family Rental $280k Rent $2450

3128 Frazier St, Mesquite

Purchase Price:$280,000

Cash Outlay:$75,600

Cashflow:$110/mo

Cap Rate:5.36%

IRR:12.12%

Long Term Rental

DFW Duplex For Cashflow and Appreciation $345k

6812 S Creek Dr, Fort Worth

Purchase Price:$345,000

Cash Outlay:$93,150

Cashflow:$325/mo

Cap Rate:6.97%

IRR:16.15%

Short Term Rental

DFW Active AirBnB $625k

2030 Klondike St, Grand Prairie

Purchase Price:$625,000

Cash Outlay:$168,750

Cashflow:$2,205/mo

Cap Rate:10.07%

IRR:30.75%

Long Term Rental

Premiere 10 Bedroom Househack Deal in Plano $695k

2808 Clear Springs Dr, Plano

Purchase Price:$695,000

Cash Outlay:$187,650

Cashflow:$1,405/mo

Cap Rate:10.06%

IRR:49.71%

Long Term Rental

Off Market Cashflowing DFW Duplex $295k

2316 Meadow Ln, Mesquite

Purchase Price:$295,000

Cash Outlay:$79,650

Cashflow:$300/mo

Cap Rate:7.06%

IRR:16.57%