10107 Elderberry Park Ln

Tomball, TX 77375
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3 bd, 2 ba | 1,458 sqft | Built in 2003

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List Price
$136,000

Initial Investment

$134,780

Purchase Price

$132,000

Down Payment

100%

Rent

$1,250

Total Return

$67,444

Annualized Return

9.1%

Cap Rate

5.3%

Gross Yield

11.4%

Cash Flow

$6,261

Appreciation

5.8%
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Features

Occupancy

Occupied

Lease Start

10/10/2019

Lease End

10/31/2020

Lot Size

4,950

HOA

$35/mo

Flood Risk

Not Required

  • <2 miles from 10/10 Frank Elementary School
  • Upgraded granite countertops, ceramic tile flooring, and laminate wood flooring
  • This is a manufactured home
  • Seller recently made repairs on home, view inspection documents for more info

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$5,089

Property Taxes

-$2,900

Loan Payments

$0

Net Cash Flow

$6,261

See more in Financials

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