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Archived almost 5 years ago

$104,500

3 bd ba 1444 sqft

7620 Goudin Dr., Missouri City, TX 77489

Residential SFR

Current Rent **

$1,400

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Very High

Great Rental/Flip – Missouri City

AREA: (SW) Missouri City;
SUBDIVISION: Westbury Village;
Two-story house, 3/2.5/2 attached. 1,444 sqft;
This house is fairly clean and has ideal rental numbers: 2.38% tax rate, and NO HOA! The roof is 11 yrs old and the a/c is 7 yrs old. No flooding.
We estimate just $3,500 for Rent Repairs, or around $20k for a Full Remodel.
ARV is approx. $140k. Rent Comps are $1,400/mo.

Location:

7620 Goudin Dr., Missouri City, TX 77489

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.