156 High Pointe Ln

Cedar Hill, TX 75104
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3 bd, 2 ba | 1,378 sqft | Built in 1985

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Portfolio Sale

List Price
$182,000

Initial Investment

$51,845

Purchase Price

$181,000

Down Payment

25%

Rent

$1,518

Total Return

$95,436

Annualized Return

22.7%

Cap Rate

5.0%

Gross Yield

10.1%

Cash Flow

-$1,403

Appreciation

9.7%
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Features

Occupancy

Unspecified

Lease Start

09/17/2018

Lease End

05/31/2020

Lot Size

4,299

HOA

None

Flood Risk

Not Required

  • 8+ school scores
  • Below market rent
  • Located near Cedar Hill State Park
  • Seller recently made repairs on home, view inspection documents for more info

See more in Analysis

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Annual Financial Highlights

Expected Rent

$17,305

Expenses

-$4,368

Property Taxes

-$4,500

Loan Payments

-$9,840

Net Cash Flow

-$1,403

See more in Financials

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