5585 Scenic Dr

Beaumont, TX 77713
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3 bd, 2 ba | 1,451 sqft | Built in 1978

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List Price
$124,500

Initial Investment

$33,745

Purchase Price

$122,000

Down Payment

25%

Rent

$1,450

Total Return

$37,176

Annualized Return

16.8%

Cap Rate

7.0%

Gross Yield

14.3%

Cash Flow

$1,072

Appreciation

4.7%
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Features

Occupancy

Occupied

Lease Start

02/01/2019

Lease End

01/31/2020

Lot Size

7,800

HOA

None

Flood Risk

Not Required

  • Property was not effected by hurricane Harvey or Imelda

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Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$5,626

Property Taxes

-$3,200

Loan Payments

-$6,633

Net Cash Flow

$1,072

See more in Financials

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