12850 Royal Creek Rd
Conroe, TX 77303
List Price
$264,790
Initial Investment
$68,622Purchase Price
$251,823
Down Payment
25%
Rent
$1,790
Total Return
$92,640
Annualized Return
18.2%
Cap Rate
4.9%
Gross Yield
8.5%
Cash Flow
-$1,781
Appreciation
7.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
05/02/2022
Lease End
05/01/2023
Lot Size
27,667
HOA
None
Flood Risk
Not Required
- Recently signed lease at market rent through April, 2023
- Newly built, farmhouse style property, reducing necessary operating costs
- Hardwood floors
See more in Analysis
Annual Financial Highlights
Expected Rent
$20,406Expenses
-$4,196Property Taxes
-$4,300Loan Payments
-$13,690Net Cash Flow
-$1,781See more in Financials
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