Updated about 9 years ago on .
OFF-MARKET: Katy Rental - 114/5/140/1400 Rents
Greetings!
We have a great new off-market property available in the Brenwood area of Katy (W of Houston).
Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!
Price: $114,000.00
Rehab: $5,000.00
ARV: $140,000.00
Rents: Currently leased at $1,290 / month through December to a Section 8 tenant. Market rents are closer to $1,400 / month.
Sherman Bridge out-of-pocket expense (total landlord solution): $30,370 / Estimated monthly cash flow: $411 / Annual ROI: 15%
Square footage: 1,821
Bedrooms: 4
Bathrooms: 2
Garage: 2
Year built: 1986
Offering