1438 Demaree Ln
Houston, TX 77029
List Price
$160,000
Initial Investment
$43,600Purchase Price
$160,000
Down Payment
25%
Rent
$1,530
Total Return
$50,116
Annualized Return
16.9%
Cap Rate
6.1%
Gross Yield
11.5%
Cash Flow
$405
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Lot Size
6,048
HOA
None
Flood Risk
Not Required
Finally, an affordable home with charming features. No carpets, all easy clean floors. Freshly updated. Open concept living with a roomy primary bedroom and second bath. Fenced Back yard.
See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495
Annual Financial Highlights
Expected Rent
$17,442Expenses
-$4,739Property Taxes
-$3,600Loan Payments
-$8,698Net Cash Flow
$405See more in Financials
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
Similar Listings
Listing Courtesy of:William Stephens
Agent License 0158642
Click Realty, Inc
Agent License 0158642
Click Realty, Inc
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #10684474
Last Updated: 03/18/2023 10:03
MLS #10684474
Last Updated: 03/18/2023 10:03