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

Set of 4 New Construction SFH’s Hitting 1% Rule

2018 Stevens St, Houston
ROI
24.22% IRR
Strategy
Long Term Rental
Set of 4 new construction SFH's hitting 1% Rule. Motivated seller will accept $750k with a $15k credit towards rate buydown. 2 miles from downtown with strong rental demand, market rates $2000-2200/mo. Gentrifying neighborhood with new infill development. Good option for out-of-state investor with high cashflow on a new, low-maintenance asset.

Enter your email to download the proforma

< Back to Daily Deals

Set of 4 New Construction SFH’s Hitting 1% Rule

Listed 05/13/2024

2018 Stevens St, Houston

Purchase Price:$750,000

Cash Outlay:$202,500

Cashflow:$1,246/mo

Cap Rate:7.39%

IRR:24.22%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Houston 4 Bed + Pool SFR $260k

7062 Windy Pines Dr, Spring

Purchase Price:$255,000

Cash Outlay:$68,850

Cashflow:$176/mo

Cap Rate:6.63%

IRR:14.72%

Long Term Rental

Houston Single Family Rental $270k

1903 Ryansbrook Ln, Spring

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$83/mo

Cap Rate:5.47%

IRR:11.83%

Long Term Rental

DFW Cashflowing Duplex $290k

2316 Meadow Ln, Mesquite

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$145/mo

Cap Rate:6.43%

IRR:13.65%

Mid Term Rental

Houston Duplex Near Medical Center $390k

8115 Marcy Dr #A/B, Houston

Purchase Price:$390,000

Cash Outlay:$105,030

Cashflow:$94/mo

Cap Rate:6.12%

IRR:12.18%

Long Term Rental

DFW Cashflowing Duplex $500k

801-803 S 6th St, Garland

Purchase Price:$500,000

Cash Outlay:$135,000

Cashflow:$763/mo

Cap Rate:7.67%

IRR:19.45%

Short Term Rental

New Braunfels 1% Rule SFR $195k

3517 Naumann Way, New Braunfels

Purchase Price:$195,000

Cash Outlay:$52,650

Cashflow:$105/mo

Cap Rate:6.47%

IRR:13.84%