Help in analyzing rental comps

7 Replies

I am looking at putting an offer on 2543 autumn springs ln spring tx 77373. I was given the comps in the screenshot below. I am worried about the gap of $1050-$1600/month. I need to make at least $1250 to make this work. What are the chances of me making $1250 from this?

Use hotpads, craigslist, and rentometer... that should get your pretty close. Also, that house looks like it needs a fair amount of work to get rent ready...

@Ben M. .  Then you'd likely put more weight on the comps from the 80's then the other two in the late 90's.  There may be other factors at play here two, but that was the most obvious one I could see on the spreadsheet you shared.