6906 Hazelnut Ln

Baytown, TX 77521
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4 bd, 2.5 ba | 2,764 sqft | Built in 2007

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List Price
$274,000

Initial Investment

$74,665

Purchase Price

$274,000

Down Payment

25%

Rent

$2,095

Total Return

$100,472

Annualized Return

17.3%

Cap Rate

4.0%

Gross Yield

9.2%

Cash Flow

-$4,825

Appreciation

7.9%
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Features

Occupancy

Occupied

Lease Start

12/09/2021

Lease End

12/31/2022

Lot Size

5,576

HOA

$22/mo

Flood Risk

Not Required

  • Home was the builder model home with many upgrades.
  • New granite countertops were installed in 2021, along with updated cabinets and fresh paint.
  • New tenant is in place and pays on time, no pets.
  • Great potential appreciation

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Annual Financial Highlights

Expected Rent

$23,883

Expenses

-$7,512

Property Taxes

-$6,300

Loan Payments

-$14,896

Net Cash Flow

-$4,825

See more in Financials

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