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Turnkey Cashflow-Positive 5 Bed SFH Backed Up to a Lake in High-Growth Katy

24431 E Cornell Park Ln, Katy
ROI
22.08% IRR
Strategy
Long Term Rental
Turnkey cashflow-positive 5 bed SFH backed up to a lake in high-growth Katy. HOA includes lakefront park and playground, zoned to Katy HS with strong appreciation potential. Turnkey 5 bed SFH backed up to a lake in high-growth Katy. 3,600 sq ft 5 bed, 3 bath built in 2006. New stainless appliances and granite counters, fresh paint and carpet.

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Turnkey Cashflow-Positive 5 Bed SFH Backed Up to a Lake in High-Growth Katy

Listed 09/20/2023

24431 E Cornell Park Ln, Katy

Purchase Price:$399,000

Cash Outlay:$107,730

Cashflow:$236/mo

Cap Rate:6.86%

IRR:22.08%

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