Houston single story beauty [code: 9723]

  • Newly listed single story home!
  • Spacious living area with eating nook and office area
  • Fully fenced large backyard with covered patio
  • No (low) crime area
  • Good local school district
  • Attached 2-car garage
  • Upgraded kitchen with open concept living room
  • 5,900+ sq. foot lot 

Why should you consider this house / what makes it a good investment?

  • Built: 2016
  • Size: 2,145 sq ft sitting on a 5,998 square foot lot
  • Quiet residential street, Desirable community, Good schools


39 Fortune 500 companies based in Houston:  Phillips 66, Sysco, Enterprise, Hewlett Packard, Plains GP Holdings, Baker Hughes, ConocoPhillips

What's next?

Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.

Metro: Houston

Team: Jenny

Code: 9723


Property Specifications2
 Square Feet2,145
 Year Built2016
 Garage Size2
 Schools Rating (on scale of A-F)B-

Purchase AssumptionsMy Offer
Offer used for analysis$295,000
Suggested offer (low)$295,000
Suggested offer (high)$295,500
Market Value (after improvements)$295,000
Improvements (lower)$1,500
Improvements (upper)$2,500
Closing Costs$3,000
Mortgage Costs$3,000
Other Fees At Closing$0
Total Cost $303,000

Financial AssumptionsMonthlyYearly
Rent (upper)$2,325$2,350$28,200
Rent (lower)$2,300$27,600
 Property Tax Rate (Approx.)3.0% 
 Property Taxes$667$8,000
Variable-Cost PMFlat Fee 
Property Management Fee$100$1,200
 Leasing Fee80%$77.5$930
 Vacancy Rate4.0% 
 Total Fixed Expenses$1,225$14,694
 Total Expenses (Fixed + Mortgage)$2,237$26,840

Financial Analysis / Deal Attractiveness    
 Cap Rate2.0%2.8%3.8%4.8%
 Net Cash Flow$7,997$23,147$46,194$77,960
 Equity Increase$86,200$190,703$317,397$471,002
 Total Gain$94,197$213,849$363,591$548,962
 Average Cash Flow/Year$1,599$2,315$3,080$3,898
 Average Cash Flow/Month$133$193$257$325
 Average Gain/Year$18,839$21,385$24,239$27,448
 Average ROI115.2%261.6%444.8%671.5%
 Annual ROI23.0%26.2%29.7%33.6%
 Projected Property Value$358,913$436,672$531,278$646,381

Property Ratings Suggestions
 Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
 Square Feet 10002,145FAVORABLE
 Bedrooms 33FAVORABLE
 Bathrooms 22FAVORABLE
 Year Built 19702016FAVORABLE
 Rent/Price (%) 0.75%0.80%FAVORABLE
 Average Cash Flow (at year 5)$125$133FAVORABLE
 Average ROI (at year 5)15%23.0%FAVORABLE









Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.

The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.