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Project Rental Revenue For Any Address

Long-Term Rental Analysis
8903 Martin Luther King Blvd N, Houston, TX 77033
$110,0003 beds • 2 baths • 1677 sqft

This property could be a profitable Long-Term investment with a projected 24.52% first-year return on $23,100 initial cash invested.

Cash On Cash
24.52%
Cap Rate
12.5%
Rent
$1,787
Cashflow
$472
Rent Confidence:  High
Annual
$21,444
Median
$1,750
Avg
$1,788
Samples
25
Financing

Purchase Price  $110k
Downpayment  20.0%
Interest Rate  7.0%
Mortgage Duration  30yr.
Cash To Invest

Total  $23,100
Downpayment  20% $22,000
Closing costs  1% $1,100
Rehab  0% $0
Furnishing  0% $0
Cashflow

Total Income  $1,787
Total Expenses  $1,315
Mortgage P&I  33% $585
Property Taxes  13% $228
Home Insurance  2% $38
PManagement  10% $179
CapEx  5% $89
Vacancy  6% $107
Maintenance  5% $89
Other  0% $0
Google Maps with the subject property comparables is loading...
#Comparable PropertyRentBedsBathsSQFTDistance
18835 Martin Luther King Blvd$14953216770 mi
25862 Thrush Dr$15003216670.9 mi
35342 Pederson St$17503215840.4 mi
45129 Jezebel St$16953216601.2 mi
54901 Higgins St$20503216721.4 mi
65815 Schevers St, Unit A$16993215500.5 mi
74923 Pederson St, Unit B$23003217651.3 mi
84921 Pederson St, Unit A$23003217651.3 mi
99413 Merle St$16503214400.3 mi
105422 Greylog Dr$16993217941.7 mi
114923 Pederson St, Unit A$20003215161.3 mi
124921 Pederson St, Unit B$20003215161.3 mi
135530 Osprey Dr$14753215101.3 mi
148606 Saint Lo Rd$13453214430.8 mi
158606 St Lo Rd$16503214430.8 mi
167823 Belgard St$16003215001.6 mi
174732 Carmen St, Apt B$199932.516691.7 mi
185012 Higgins St, Apt A$110032.516111.2 mi
195027 Mallow St, Unit A$135032.516081.3 mi
205530 Hirondel St$18003213500.5 mi
218449 Jutland Rd, Unit A$224532.515951.6 mi
227815 St Lo Rd, Unit B$200032.516081.8 mi
237815 St Lo Rd, Unit A$220032.516081.8 mi
249331 Clearway Dr$19953213260.7 mi
255754 Belarbor St$179531.515161.2 mi

Projections