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924 Allston St, Houston, TX 77008

4 beds • 3 baths • 2749 sqft

$1,699,000

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This property looks like a bad Long-Term investment with a projected -23.41% first-year return on $357k initial cash invested.

-23.41%

Cash On Cash

1.45%

Cap Rate

0.24

DSCR

$5,380

Rent

-$6,959

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1699k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$357k

Downpayment

20%

$340k

Closing costs

1%

$16,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,380

Total Expenses

$12,339

Mortgage P&I

163%

$8,749

Property Taxes

30%

$1,596

Home Insurance

11%

$595

HOA

0%

$0

Property Management

10%

$538

CapEx

5%

$269

Vacancy

6%

$323

Maintenance

5%

$269

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

516 W 9th St, Houston, TX 77007

$8,500

4

3

3055

0.2 mi

706 Allston St, Unit B, Houston, TX 77007

$3,700

4

3.5

2895

0.3 mi

1104 W 9th St, Houston, TX 77007

$4,800

4

3.5

2616

0.5 mi

514 E 9th St, Houston, TX 77007

$3,998

4

2.5

2950

0.4 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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