houston property investingWe know we love Texas for real ROI that brings real cash flow to your portfolio. We hope that by now, you do too. So let’s do a recap on why we love this city for investors… It’s the fourth largest city in the United States, for one – that means renters like crazy. Houston serves markets all over – especially Mexico and the U.S. It’s a major global corporate center, and enjoys major status as an international business hub. Enough said?

Ok- let’s throw in a bit more? 19 academic institutions. 13 hospitals. Texas Medical Center… University of Houston. An amazing quality of life – great art – and fantastic schooling options. Bam!

Location: Houston, TX (Rosenberg)
Note: With all of the families attracted to this beautiful area, this particular property is a real winner – it has it all (and then some).

Built In: 2010 (fully renovated and ready for some of Houston’s top-notch tenants)

Purchase price: $135,000 (not a foreclosure, normal sale)

Property info: 2 bedroom, 2 bathroom, 1,928 square feet, 2 Car Garage

Income

Monthly rent collected: $1,200 (imagine: what would you do with this amazing cash-flow?)

Expenses

Monthly expenses

Property taxes: $265

Insurance: $67

Home Owners Association: $23

Property management fees: $96

Monthly expenses (conservatively estimated)

Vacancy (7%): $67

Repairs (5%): $48

Total Monthly Expenses- $594

Net Income = Income – Expenses = $606 -imagine what you could do with this cash-flow? Comment below if you’re so inspired.

Advanced Numbers

Cap Rate =5.38%

Cash-on-cash return =

Depends on your leveraging.

Special Terms:
Comes with an amazing 3 month maintenance warranty!

If you are interested in this amazing property – or seeing others like it, contact Melissa at melissa@hipsterinvestments.com.

Comments
  • Justin
    Reply

    I actually live in Rosenberg…

    • Ali
      Reply

      Oh super cool Justin!

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