1804 Fulton Street, Houston, TX 77009

Contact Agent

agent-logo.png

Michael Stavinoha

Keller Williams Memorial
michaels@shapingrealestate.com
979) 320-4303

More Listings by this Agent

property-img

1804 Fulton Street

Houston, TX 77009

$220,000

  • Sold
  • |
  • Single-Family
  • |
  • 261 Days on Market
  • BF
    Buy & Flip
  • 3 Bed(s)
  • 2 Full Bath(s)
3 Analysis Report(s) Available

Contact Agent

agent-logo.png

Michael Stavinoha

Keller Williams Memorial
michaels@shapingrealestate.com
979) 320-4303

Realtor Analysis

Buy & Flip (3)

View Detailed PDF Report

Buy & Flip

$-55,683

Net Profit

-11.60%

ROI

Overview

Total Cash Investment

$480,022

Holding Period

6 Months

Rehab/Renovation Costs

$80,000

After Repair Value (ARV)

$450,000

Financing Type

Hard/Private Money

Risk Level

High

Investment Performance

Net Profit

$-55,683

Annualized ROI

$-23.20%

Return-On-Investment

-11.60%

Holding Costs

Total Loan Cost

$25,661

Monthly Loan Interest

$3,136

Cost Per Month

$4,431.63

Cost Per Week

$1,107.91

Cost Per Day

$158.27

Cost of Points

$6,843

Monthly Expenses

$1,295

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $450,000 $472,250 $6,843 $-29,093 -6.16%
1 $450,000 $473,545 $9,979 $-33,524 -7.08%
2 $450,000 $474,841 $13,116 $-37,957 -7.99%
3 $450,000 $476,136 $16,252 $-42,388 -8.90%
4 $450,000 $477,431 $19,388 $-46,819 -9.81%
5 $450,000 $478,726 $22,525 $-51,251 -10.71%
6 $450,000 $480,022 $25,661 $-55,683 -11.60%
7 $450,000 $481,317 $28,797 $-60,114 -12.49%
8 $450,000 $482,612 $31,934 $-64,546 -13.37%
9 $450,000 $483,908 $35,070 $-68,978 -14.25%
10 $450,000 $485,203 $38,206 $-73,409 -15.13%
11 $450,000 $486,498 $41,343 $-77,841 -16%
12 $450,000 $487,793 $44,479 $-82,272 -16.87%

Disclaimer: This report is intended for general guidance and information purposes only. The report provides estimates of the potential earnings or... read more

View Detailed PDF Report

Buy & Flip

$74,052

Net Profit

21.01%

ROI

Overview

Total Cash Investment

$352,506

Holding Period

6 Months

Rehab/Renovation Costs

$80,000

After Repair Value (ARV)

$450,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$74,052

Annualized ROI

$42.02%

Return-On-Investment

21.01%

Holding Costs

Total Loan Cost

$23,442

Monthly Loan Interest

$2,865

Cost Per Month

$3,907.81

Cost Per Week

$976.95

Cost Per Day

$139.56

Cost of Points

$6,251

Monthly Expenses

$1,043

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $450,000 $346,250 $6,251 $97,499 28.16%
1 $450,000 $347,293 $9,116 $93,591 26.95%
2 $450,000 $348,335 $11,982 $89,683 25.75%
3 $450,000 $349,378 $14,847 $85,775 24.55%
4 $450,000 $350,421 $17,712 $81,867 23.36%
5 $450,000 $351,463 $20,577 $77,960 22.18%
6 $450,000 $352,506 $23,442 $74,052 21.01%
7 $450,000 $353,549 $26,307 $70,144 19.84%
8 $450,000 $354,591 $29,173 $66,236 18.68%
9 $450,000 $355,634 $32,038 $62,328 17.53%
10 $450,000 $356,677 $34,903 $58,421 16.38%
11 $450,000 $357,719 $37,768 $54,513 15.24%
12 $450,000 $358,762 $40,633 $50,605 14.11%

Disclaimer: This report is intended for general guidance and information purposes only. The report provides estimates of the potential earnings or... read more

View Detailed PDF Report

Buy & Flip

$-55,683

Net Profit

-11.60%

ROI

Overview

Total Cash Investment

$480,022

Holding Period

6 Months

Rehab/Renovation Costs

$80,000

After Repair Value (ARV)

$450,000

Financing Type

Hard/Private Money

Risk Level

High

Investment Performance

Net Profit

$-55,683

Annualized ROI

$-23.20%

Return-On-Investment

-11.60%

Holding Costs

Total Loan Cost

$25,661

Monthly Loan Interest

$3,136

Cost Per Month

$4,431.63

Cost Per Week

$1,107.91

Cost Per Day

$158.27

Cost of Points

$6,843

Monthly Expenses

$1,295

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $450,000 $472,250 $6,843 $-29,093 -6.16%
1 $450,000 $473,545 $9,979 $-33,524 -7.08%
2 $450,000 $474,841 $13,116 $-37,957 -7.99%
3 $450,000 $476,136 $16,252 $-42,388 -8.90%
4 $450,000 $477,431 $19,388 $-46,819 -9.81%
5 $450,000 $478,726 $22,525 $-51,251 -10.71%
6 $450,000 $480,022 $25,661 $-55,683 -11.60%
7 $450,000 $481,317 $28,797 $-60,114 -12.49%
8 $450,000 $482,612 $31,934 $-64,546 -13.37%
9 $450,000 $483,908 $35,070 $-68,978 -14.25%
10 $450,000 $485,203 $38,206 $-73,409 -15.13%
11 $450,000 $486,498 $41,343 $-77,841 -16%
12 $450,000 $487,793 $44,479 $-82,272 -16.87%

Disclaimer: This report is intended for general guidance and information purposes only. The report provides estimates of the potential earnings or... read more

Rental (0)

More Listings by this Agent

Property Details

Property Type:

Single-Family

Bed(s):

3

Full-Bath(s):

2

Half-Bath(s):

0

Building Sqft:

1502

Lot Size:

5000

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$220,000

List Status:

Sold

MLS Number:

89607319

Days on Market:

261

Property Description

Great opportunity to invest in this 1930 Bungalow located in the very hot Northside neighborhood. Property is a few blocks from Hardy Yards development and minutes from Downtown & the Heights with Downtown views from front porch! New construction and development all around!