2535 Kiplands Way Dr

Houston, TX 77014
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3 bd, 2.5 ba | 1,539 sqft | Built in 2013

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List Price
$148,000

Initial Investment

$39,697

Purchase Price

$144,300

Down Payment

25%

Rent

$1,325

Total Return

$24,388

Annualized Return

9.7%

Cap Rate

5.0%

Gross Yield

11.0%

Cash Flow

-$1,209

Appreciation

3.9%
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Features

Occupancy

Occupied

Lease Start

03/01/2019

Lease End

03/31/2020

Lot Size

3,619

HOA

$31/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$15,105

Expenses

-$5,069

Property Taxes

-$3,400

Loan Payments

-$7,845

Net Cash Flow

-$1,209

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