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Turnkey Upgraded 2016 Build with Breakeven Cashflow

1119 Penny Ranch Ln, Katy
ROI
29.44% IRR
Strategy
B.E.A.F
Turnkey upgraded 2016 build with breakeven cashflow. Priced $100k below comps. Rents are $4200-4500/mo and lease quickly with high demand in the Katy ISD.

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Turnkey Upgraded 2016 Build with Breakeven Cashflow

Listed 04/17/2024

1119 Penny Ranch Ln, Katy

Purchase Price:$499,000

Cash Outlay:$134,730

Cashflow:$1,031/mo

IRR:29.44%

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