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Amazing find with private lake access! [code: 11410]

Posted by Powered by Simply Do It on February 21, 2022
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After 15 Years (no mortgage) 
Original purchase price$275,000
Total investment (out of pocket)$80,450
15 yrs Project house value$495,259
Value (appreciation) Gain$220,259
15 yrs cash-flow generated$60,025
Total Gain$280,285
ROI (15 yrs)348%
ROI (annually)23%
Free & Clear cash flow (yr.)$18,103
Free & Clear cash flow (m)$1,509
  • 3 bedroom 2 bath single family residence
  • Highly sought after neighborhood
  • No (low) crime area
  • Over $200/mo. cash flow 
  • Hardwood flooring/carpet throughout
  • Access to private boat dock to the lake
  • 2 car attached garage
  • Good schools
  • This home had an open house over the weekend and will go quickly. Act Fast! 
  • A privacy lot with no back neighbors
  • HOA includes: Lake access, clubhouse, 2 swimming pools, playground, fishing ponds, wooded trails and more! 
  • 6,512 square foot lot with large deck and fenced yard

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

  • Built: 2018
  • Size: 1,465  sq ft
  • Quiet residential street, Desirable community, good schools

Why Houston?

  • Houston has some of the best suburbs like The Woodlands, Cypress, Katy, Sugar Land and Richmond with great schools and tons of shopping 
  • Houston has the largest medical center in the world
  • Great job market, and booming Oil and Gas, Aerospace, Medical, and Tech industries
  • Legendary food scene 
  • Big sports city with the Houston Astros, Dynamo, Rockets and Texans
  • Museums, NASA, Houston Zoo
  • Houston Livestock Show and Rodeo is the largest livestock exhibition and rodeo in the world

    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 – email directly at

    Code: 11410

    Property Specifications2
     Square Feet1,465
     Year Built2018
     Garage Size2
     Schools Rating (on scale of A-F)B

    Purchase AssumptionsMy Offer
    Offer used for analysis$275,000
    Suggested offer (low)$268,000
    Suggested offer (high)$275,000
    Market Value (after improvements)$275,000
    Improvements (lower)$2,000
    Improvements (upper)$3,500
    Closing Costs$4,000
    Mortgage Costs$4,000
    Other Fees At Closing$950
    Total Cost $286,700

    Financial AssumptionsMonthlyYearly
    Rent (upper)$2,150$2,200$26,400
    Rent (lower)$2,100$25,200
     Property Tax Rate (Approx.)3.2% 
     Property Taxes$487$5,844
    Variable-Cost PMFlat Fee 
    Property Management Fee$100$1,200
     Leasing Fee80%$71.7$860
     Vacancy Rate4.0% 
     Total Fixed Expenses$1,007$12,080
     Total Expenses (Fixed + Mortgage)$1,991$23,896

    Financial Analysis / Deal Attractiveness    
     Cap Rate3.1%4.0%5.0%6.0%
     Net Cash Flow$12,319$32,070$60,025$97,039
     Equity Increase$79,282$175,825$293,390$436,553
     Total Gain$91,601$207,895$353,416$533,593
     Average Cash Flow/Year$2,464$3,207$4,002$4,852
     Average Cash Flow/Month$205$267$333$404
     Average Gain/Year$18,320$20,790$23,561$26,680
     Average ROI113.9%258.4%439.3%663.3%
     Annual ROI22.8%25.8%29.3%33.2%
     Projected Property Value$334,580$407,067$495,259$602,559

    Property Ratings Suggestions
     Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
     Schools  BBFAVORABLE
     Square Feet 10001,465FAVORABLE
     Bedrooms 33FAVORABLE
     Bathrooms 22FAVORABLE
     Year Built 19702018FAVORABLE
     Rent/Price (%) 0.75%0.80%FAVORABLE
     Average Cash Flow (at year 5)$125$205FAVORABLE
     Average ROI (at year 5)15%22.8%FAVORABLE







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    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. 

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