New builds with incentives in Houston
Foyer opens to roomy Living/Family Room!
Kitchen w/ 36″ Designer Cabinets, Sparkling Countertops, Breakfast/Dining Area, & Great Appliance Pkg!
Master Bedroom has Master Bath with Separate Tub & Shower and Walk-in Closet!
Resilient Vinyl Plank Flooring in Main & Wet Areas.
Walk-in Utility Room!
Fully Sodded Yards, Landscape Pkg!
Energy Efficient w/ 16 SEER HVAC System & MORE!
They are offering $3K in closing costs for this one and paying owner title policy.
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: 22648
| Property Specifications | 2 |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Square Feet | 1538 |
| Year Built | 2021 |
| Garage Size | 2 |
| Schools Rating (on scale of A-F) | B |
| Purchase Assumptions | My Offer |
| Offer used for analysis | $254,990 |
| Suggested offer (low) | $254,990 |
| Suggested offer (high) | $254,990 |
| Asking | $254,990 |
| Market Value (after improvements) | $320,000 |
| Improvements (lower) | $1,500 |
| Improvements (upper) | $2,000 |
| Closing Costs | $3,000 |
| Mortgage Costs | $3,000 |
| Other Fees At Closing | $0 |
| Total Cost | $262,740 |
| Financial Assumptions | Monthly | Yearly | ||
| Rent (upper) | $1,850 | $1,900 | $22,800 | |
| Rent (lower) | $1,800 | $21,600 | ||
| Property Tax Rate (Approx.) | 2.29% | |||
| Property Taxes | $487 | $7,530 | ||
| Insurance | $115 | $1,380 | ||
| Repairs | $50 | $600 | ||
| Variable-Cost PM | Flat Fee | |||
| Property Management Fee | $100 | $1,200 | ||
| Leasing Fee | 80% | $61.7 | $740 | |
| HOA | $67 | $800 | ||
| Vacancy Rate | 4.0% | |||
| Total Fixed Expenses | $951 | $11,408 | ||
| Total Expenses (Fixed + Mortgage) | $1,799 | $21,585 | ||
| Financial Analysis / Deal Attractiveness | ||
| Years: | 5 | 10 |
| Cap Rate | 1.5% | 2.3% |
| Net Cash Flow | $5,275 | $16,394 |
| Equity Increase | $89,329 | $197,379 |
| Total Gain | $94,604 | $213,773 |
| Average Cash Flow/Year | $1,055 | $1,639 |
| Average Cash Flow/Month | $88 | $137 |
| Average Gain/Year | $18,921 | $21,377 |
| Average ROI | 132.3% | 299.0% |
| Annual ROI | 26.5% | 29.9% |
| Projected Property Value | $389,329 | $473,678 |
One story floor plan offers 3 spacious bedrooms and 2 baths.
Upgraded Granite and Slopped Ceilings.
HUGE kitchen, Open concept, large kitchen island.
His & hers closets.
2 flex rooms.
Irrigation System.
Immediate access to HWY 59, 30 minutes drive to Bush Intercontinental.
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: 20727
| Property Specifications | 1 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Square Feet | 1951 |
| Year Built | 2021 |
| Garage Size | 2 |
| Schools Rating (on scale of A-F) | B |
| Purchase Assumptions | My Offer |
| Offer used for analysis | $278,110 |
| Suggested offer (low) | $278,110 |
| Suggested offer (high) | $278,110 |
| Asking | $278,110 |
| Market Value (after improvements) | $278,100 |
| Improvements (lower) | $1,500 |
| Improvements (upper) | $2,000 |
| Closing Costs | $3,500 |
| Mortgage Costs | $3,500 |
| Other Fees At Closing | $0 |
| Total Cost | $286,860 |
| Financial Assumptions | Monthly | Yearly | ||
| Rent (upper) | $2,275 | $2,300 | $27,600 | |
| Rent (lower) | $2,250 | $27,000 | ||
| Property Tax Rate (Approx.) | 3.5% | |||
| Property Taxes | $572 | $7,586 | ||
| Insurance | $115 | $1,380 | ||
| Repairs | $55 | $660 | ||
| Variable-Cost PM | Flat Fee | |||
| Property Management Fee | $100 | $1,200 | ||
| Leasing Fee | 80% | $75.8 | $910 | |
| HOA | $63 | $750 | ||
| Vacancy Rate | 4.0% | |||
| Total Fixed Expenses | $1,068 | $12,814 | ||
| Total Expenses (Fixed + Mortgage) | $1,993 | $23,914 | ||
| Financial Analysis / Deal Attractiveness | ||
| Years: | 5 | 10 |
| Cap Rate | 5.1% | 6.1% |
| Net Cash Flow | $19,884 | $47,615 |
| Equity Increase | $82,065 | $181,219 |
| Total Gain | $101,949 | $228,834 |
| Average Cash Flow/Year | $3,977 | $4,761 |
| Average Cash Flow/Month | $331 | $397 |
| Average Gain/Year | $20,390 | $22,883 |
| Average ROI | 130.2% | 292.3% |
| Annual ROI | 26.0% | 29.2% |
| Projected Property Value | $338,351 | $411,656 |
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.