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Stunning Houston Metro Find!! [Code: 522]

Posted by Powered by Simply Do It on May 1, 2022
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After 15 Years (no mortgage) 
Original purchase price$261,000
Total investment (out of pocket)$72,970
15 yrs Project house value$545,686
Value (appreciation) Gain$284,686
15 yrs cash-flow generated$70,269
Total Gain$354,955
ROI (15 yrs)486%
ROI (annually)32%
Free & Clear cash flow (yr.)$20,207
Free & Clear cash flow (m)$1,684
  • 3 bedroom, 2 bathroom detached SFR
  • Single story
  • Fully fenced backyard with covered patio and large wood deck
  • Around $250/mo. cash flow 
  • 1-car attached garage
  • Granite countertops
  • Quiet residential street
  • 23 Days on the market – Great negotiation factor!
  • Good B rated schools
  • 6,443 square foot lot

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

  • Built: 1981
  • Size: 1,303  sq ft
  • Quiet residential street, Desirable community, B rated schools

            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: 522

            Property Specifications1
             Square Feet1303
             Year Built1981
             Garage Size1
             Schools Rating (on scale of A-C)B

            Purchase AssumptionsMy Offer
            Offer used for analysis$261,000
            Suggested offer (low)$261,000
            Suggested offer (high)$263,000
            Market Value (after improvements)$262,000
            Improvements (lower)$2,000
            Improvements (upper)$3,000
            Closing Costs$2,610
            Mortgage Costs$2,610
            Other Fees At Closing$0
            Total Cost $268,720

            Financial AssumptionsMonthlyYearly
            Rent (upper)$1,944$2,044$24,528
            Rent (lower)$1,844$22,128
             Property Tax Rate (Approx.)2.3% 
             Property Taxes$310$3,691
            Variable-Cost PM0.0% 
            Property Management Fee$100$1,200
             Leasing Fee80%$64.8$778
             Vacancy Rate 
             Total Fixed Expenses$668$8,014
             Total Expenses (Fixed + Mortgage)$1,749$20,985

            Financial Analysis / Deal Attractiveness   
             Cap Rate4.1%5.2%6.4%7.7%
             Net Cash Flow$14,840$37,976$70,269$112,674
             Equity Increase$81,013$180,850$303,971$455,913
             Total Gain$95,854$218,826$374,240$568,587
             Average Cash Flow/Year$2,968$3,798$4,685$5,634
             Average Cash Flow/Month$247$316$390$469
             Average Gain/Year$19,171$21,883$24,949$28,429
             Average ROI131.4%299.9%512.9%779.2%
             Annual ROI26.3%30.0%34.2%39.0%
             Projected Property Value$368,646$448,514$545,686$663,910

            Property Ratings Suggestions
             Item   Suggested Criteria (Min.)This PropertyFAVORABLE /
             Schools BBFAVORABLE
             Square Feet 10001,303FAVORABLE
             Bedrooms 33FAVORABLE
             Bathrooms 22FAVORABLE
             Year Built 19701981FAVORABLE
             Rent/Price (%) 0.75%0.78%FAVORABLE
             Average Cash Flow (at year 5)$125$247FAVORABLE
             Average ROI (at year 5)15%26.3%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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