Houston, TX #4702-3
New Homes - 4 Properties

Owner Price

$1,717,870

Financials & Assumptions

  Financing

  Income

  Expenses

  Financials

Net Operating Income

$ 51,220

Expense Load

65.58 %

Total Cash Outlay

$ 1,717,870

Net Yield

2.98 %

Cash Flow

$ 51,220

Cash On Cash

2.98 %

Rate of Return

6.20 %



Cash Flow

30 year projections based on the rent and expense assumptions in the Financials & Assumptions section of this report.

Investor Equity

The build up of equity based on the price, mortgage balance, and home price appreciation assumptions used in the Financials & Assumptions section.

Listing Description

4 Unit vacant new SFR turn-key Portfolio investment in Houston (Fulshear). The original Large developer owns the properties. The Portfolio of Homes are offering luxury living in a new prime location. All properties in this portfolio were constructed in 2017 or on the last phase of the build out. All properties are “High quality builds with countless upgrades that go above-and-beyond”. Quality Appliances, Professional Landscapes, that’s designed to attract and keep long-term tenants. “But what really makes this large builder homes special is it quality construction and innovative design that comes with a new construction contract and warranty”.

Listing Portfolio Map

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Listing Portfolio Properties (4)


  • Fulshear, TX 77441
  • 4.0 Beds / 4.0 Baths
  • Built in 2017
  • 3419 Sqft / $135 / sqft
  • Monthly Rent: $3,100
  • Gross Yield: 8.1 %
  • Net Income: $9,823
  • Net Yield: 2.14%




  • Fulshear, TX 77441
  • 5.0 Beds / 5.0 Baths
  • Built in 2017
  • 3323 Sqft / $129 / sqft
  • Monthly Rent: $3,100
  • Gross Yield: 8.7 %
  • Net Income: $17,248
  • Net Yield: 4.01%




  • Fulshear, TX 77441
  • 4.0 Beds / 4.0 Baths
  • Built in 2017
  • 3205 Sqft / $124 / sqft
  • Monthly Rent: $3,100
  • Gross Yield: 9.3 %
  • Net Income: $13,249
  • Net Yield: 3.33%




  • Fulshear, TX 77441
  • 4.0 Beds / 4.0 Baths
  • Built in 2017
  • 3205 Sqft / $134 / sqft
  • Monthly Rent: $3,100
  • Gross Yield: 8.7 %
  • Net Income: $10,900
  • Net Yield: 2.54%



Asset Quality Report

HOME PRICE PERFORMANCE

Why is Home Price Appreciation important?

Long term home price appreciation is measured to establish an Average Annual Home Price Appreciation Rate. The data set used for this chart goes back to 1998 - the longest term measurement of institutional quality data available. It encompasses the mild period in the late 1990's, the price volatility of the 2000's and the beginnings of the recovery. The contrast of the county, state and nation provides insight into the relative price point and volatility of the subject market.

Data source: Zillow.com

Average Annual Appreciation Rates:

National Average

2.94 %

State Average

2.95 %

County Average

3.22 %


POPULATION CHANGE

Why is Population Change important?


MIGRATION PATTERNS

Why are Migration Patters important?


UNEMPLOYMENT RATE

Why is the Unemployment Rate important?


JOB GROWTH & DIVERSITY

Why is the Job Growth and Job Diversity important?



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