Property Analysis for 6161 Reims Rd #1, Houston, TX 77036

Long-Term Rental Analysis

6161 Reims Rd #1, Houston, TX 77036

$78,000 • 1 beds • 1 baths • 712 sqft

This property might be a fair Long-Term investment with a projected 0.07% first-year return on $16,380 initial cash invested.

Cash On Cash

0.07%

Cap Rate

7.15%

Rent

$983

Cashflow

Rent Confidence: High

Annual

$11,796

Median

$950

Avg

$984

Samples

Financing

Purchase Price $78,000

Downpayment 20.0%

Interest Rate 7.0%

Mortgage Duration 30yr.

Cash To Invest

Total $16,380

Downpayment $15,600

Closing costs $780

Rehab $0

Furnishing $0

Cashflow

Total Income $983

Total Expenses $982

Mortgage P&I $415

Property Taxes $76

Home Insurance $27

HOA $209

PManagement 10% $98

CapEx 5% $49

Vacancy 6% $59

Maintenance 5% $49

Other 0% $0

Google Maps with the subject property comparables is loading...

#	Comparable Property	Rent	Beds	Baths	SQFT	Distance
1	7520 Hornwood Dr, Unit 2	$1000	1	1	721	0.2 mi
2	7520 Hornwood Dr, Apt 304	$1000	1	1	720	0.2 mi
3	7200 Clarewood Dr, Apt 1904	$850	1	1	710	0.6 mi
4	6001 Reims Rd, Apt 305	$999	1	1	693	0.3 mi
5	6001 Reims Rd, Apt 210	$1000	1	1	693	0.3 mi
6	6001 Reims Rd, Apt 311	$950	1	1	693	0.3 mi
7	6001 Reims Rd, Apt 301	$900	1	1	693	0.3 mi
8	6001 Reims Rd, Apt 306	$825	1	1	693	0.3 mi
9	6001 Reims Rd, Apt 1103	$900	1	1	693	0.3 mi
10	6001 Reims Rd, Apt 1208	$850	1	1	693	0.3 mi
11	7637 Harwin Dr, Apt 29	$950	1	1	740	0.7 mi
12	7637 Harwin Dr, Apt 45	$950	1	1	740	0.7 mi
13	7637 Harwin Dr, Apt 61	$950	1	1	740	0.7 mi
14	7637 Harwin Dr, Apt 30	$950	1	1	740	0.7 mi
15	7520 Hornwood Dr, Apt 906	$1150	1	1	660	0.2 mi
16	7510 Hornwood Dr, Apt 1302	$950	1	1	653	0.2 mi
17	7520 Hornwood Dr, Apt 402	$1100	1	1	654	0.2 mi
18	7900 Bellaire Blvd	$920	1	1	682	1.2 mi
19	8365 Sands Point Dr, Unit 221	$1100	1	1	735	1.4 mi
20	6666 Harbor Town Dr, Apt B202	$975	1	1	687	1.5 mi
21	6666 Harbor Town Dr, Apt A108	$950	1	1	687	1.5 mi
22	6701 Sands Point Dr, Apt 96	$1150	1	1	762	1.3 mi
23	8423 Sands Point Dr	$980	1	1	758	1.6 mi
24	8389 Sands Point Dr	$1045	1	1	758	1.6 mi
25	8443 Sands Point Dr	$1200	1	1	758	1.6 mi