316 Eastwood Flats Dr
Katy, TX 77493
List Price
$300,000
Initial Investment
$81,750Purchase Price
$300,000
Down Payment
25%
Rent
$2,440
Total Return
$103,325
Annualized Return
17.5%
Cap Rate
5.0%
Gross Yield
9.8%
Cash Flow
-$1,540
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,125
HOA
$29/mo
Flood Risk
Not Required
Welcome to this beautiful 2021 built LGI Home! With an assumable loan available. This 4 bedroom 2 and a half bath home is located in Freeman Ranch subdivision minutes away from 99 & I-10. As soon as you walk in you're welcomed to a spacious open floor plan. With a fully appliance furnished kitchen, long granite countertops, and deep pantry over looking the living room; it is ideal for entertaining. With the primary bedroom on the first floor you don't have to travel far to retreat at the end of the day. In the second floor you will find other spacious rooms with plenty of closet space in each one of them. It also comes with no backyard neighbors. Book your appointment today!
See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146
Annual Financial Highlights
Expected Rent
$27,816Expenses
-$4,676Property Taxes
-$8,370Loan Payments
-$16,310Net Cash Flow
-$1,540See more in Financials
Property Characteristics
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.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
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.
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Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #33733165
Last Updated: 03/15/2025 14:03
MLS #33733165
Last Updated: 03/15/2025 14:03