5506 Cypressgate Dr
Spring, TX 77373
List Price
$145,000
Initial Investment
$37,524Purchase Price
$136,000
Down Payment
25%
Rent
$1,305
Total Return
$51,750
Annualized Return
18.6%
Cap Rate
5.5%
Gross Yield
11.5%
Cash Flow
-$717
Appreciation
7.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
09/01/2019
Lease End
08/31/2021
Lot Size
6,322
HOA
$3/mo
Flood Risk
Not Required
- Attractive 3 bed 2 bath with attached 2-car garage
- Leased to August 2021 - Below Market Rents
- Low turn cost
- Utility & Maintenance fee included in monthly rent of $20
- Quiet, residential neighborhood located in well-maintained Greengate Place neighborhood
See more in Analysis
Annual Financial Highlights
Expected Rent
$14,877Expenses
-$4,200Property Taxes
-$4,000Loan Payments
-$7,394Net Cash Flow
-$717See more in Financials
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