5585 Scenic Dr Beaumont, TX 77713
3bd, 2ba | 1,451sqft | Built in 1978
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Initial Investment
$126,868
List Price: $124,500
Purchase Price
$124,500
Down Payment
100%
Rent
$1,450

Total Return
$56,292
Annualized Return
8.5%
Cap Rate
7.0%
Gross Yield
14.0%
Cash Flow
$7,883
Appreciation
3.3%
Features
Occupancy
Occupied
Lease Start
02/01/2019 
Lease End
01/31/2020 
Lot Size
7,800 
HOA
None
Flood Risk
Not Required

Annual Financial Highlight
Expected Rent
$16,530
Expenses
-$5,447
Property Taxes
-$3,200
Loan Payments
$0

Net Cash Flow
$7,883
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant properties starting 45 days after the home is rent-ready. Plus you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes properties with more than 2 units (duplex, triplex, fourplexes), commercial properties and Roofstock portfolios.

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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