538 Falloon Ln

Houston, TX 77013
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3 bd, 2 ba | 1,260 sqft | Built in 1979

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List Price
$108,712

Initial Investment

$30,033

Purchase Price

$110,212

Down Payment

25%

Rent

$1,300

Total Return

$32,312

Annualized Return

15.7%

Cap Rate

6.0%

Gross Yield

14.2%

Cash Flow

-$138

Appreciation

5.4%
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Features

Occupancy

Occupied

Lease Start

-

Lease End

08/31/2019

Lot Size

6,600

HOA

$0/mo

Flood Risk

High Risk - Zone AE


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Annual Financial Highlights

Expected Rent

$14,820

Expenses

-$6,166

Property Taxes

-$2,800

Loan Payments

-$5,992

Net Cash Flow

-$138

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