13718 Lakewood Meadow Dr

Cypress, TX 77429
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4 bd, 2.5 ba | 3,956 sqft | Built in 2002

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List Price
$244,900

Initial Investment

$69,470

Purchase Price

$244,900

Down Payment

25%

Rent

$2,240

Total Return

$43,806

Annualized Return

9.3%

Cap Rate

3.7%

Gross Yield

11.0%

Cash Flow

-$5,200

Appreciation

5.4%
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Features

Occupancy

Occupied

Lease Start

10/12/2017

Lease End

10/19/2020

Lot Size

9,800

HOA

$4/mo

Flood Risk

Not Required

  • Built in 2002
  • Rented above market rent amount
  • 4.5-star neighborhood
  • The exterior includes large backyard with patio and 2-car garage

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$25,536

Expenses

-$9,222

Property Taxes

-$8,200

Loan Payments

-$13,314

Net Cash Flow

-$5,200

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