1014 Oxborough Dr

Katy, TX 77450
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3 bd, 2 ba | 2,102 sqft | Built in 1979

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List Price
$235,000

Initial Investment

$63,796

Purchase Price

$229,800

Down Payment

25%

Rent

$1,795

Total Return

$48,696

Annualized Return

11.4%

Cap Rate

4.7%

Gross Yield

9.4%

Cash Flow

-$2,512

Appreciation

5.0%
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Features

Occupancy

Occupied

Lease Start

09/15/2019

Lease End

09/30/2020

Lot Size

7,482

HOA

$2/mo

Flood Risk

Not Required

  • 5-star neighborhood with strong school scores
  • 1 mile away from Houston Methodist Continuing Care Hospital
  • Within 5 minutes of a shopping center
  • Seller recently made repairs on home, view inspection documents for more info
  • Seller confirmed August rent received

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Annual Financial Highlights

Expected Rent

$20,463

Expenses

-$5,182

Property Taxes

-$5,300

Loan Payments

-$12,493

Net Cash Flow

-$2,512

See more in Financials

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