965 Gowan Dr-Conroe-77301, Montgomery

965 Gowan Dr

Conroe, TX 77301

4 bd, 2 ba | 2,090 sqft | Built in 2013

List Price

$219,995

Initial Investment

$60,329

Purchase Price

$219,995

Down Payment

25%

Rent

$1,750

Total Return

$77,189

Annualized Return

17.7%

Cap Rate

5.3%

Gross Yield

9.5%

Cash Flow

-$874

Appreciation

6.6%

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Features

Occupancy

Occupied

Lease Start

11/15/2019

Lease End

12/31/2020

Lot Size

6,821

HOA

$4/mo

Flood Risk

Not Required

MARKETS

NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$19,950

Expenses

-$4,264

Property Taxes

-$4,600

Loan Payments

-$11,960

Net Cash Flow

-$874

See more in Financials

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