12811 Roandale Dr

Houston, TX 77048
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3 bd, 2 ba | 1,328 sqft | Built in 1978

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List Price
$180,000

Initial Investment

$46,870

Purchase Price

$172,000

Down Payment

25%

Rent

$1,515

Total Return

$45,538

Annualized Return

14.2%

Cap Rate

5.2%

Gross Yield

10.6%

Cash Flow

-$1,135

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Up Guarantee

Yes

Lease Start

11/23/2021

Lease End

11/23/2022

Lot Size

5,745

HOA

None

Flood Risk

Not Required

  • Completely renovated and are turn key/move in ready
  • Attached garage
  • Long driveway

See more in Analysis

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Annual Financial Highlights

Expected Rent

$17,271

Expenses

-$4,956

Property Taxes

-$4,100

Loan Payments

-$9,351

Net Cash Flow

-$1,135

See more in Financials

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