2731 Alvar Dr

Houston, TX 77014
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4 bd, 2 ba | 1,536 sqft | Built in 2014

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Portfolio Sale

List Price
$150,000

Initial Investment

$36,055

Purchase Price

$132,312

Down Payment

25%

Rent

$1,450

Total Return

$19,709

Annualized Return

8.6%

Cap Rate

4.6%

Gross Yield

13.2%

Cash Flow

-$1,655

Appreciation

3.9%
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Features

Occupancy

Month To Month

Lease Start

09/03/2014

Lease End

M/M

Lot Size

6,416

HOA

$3/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$5,392

Property Taxes

-$5,600

Loan Payments

-$7,193

Net Cash Flow

-$1,655

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