2422 Freeman 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

2422 Freeman Street

Houston, TX 77009

$298,500

  • Active
  • |
  • Multi-Family
  • |
  • 392 Days on Market
  • R
    Rental
  • 0 Bed(s)
  • 0 Full Bath(s)
2 Analysis Report(s) Available

Contact Agent

agent-logo.png

Michael Stavinoha

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

Realtor Analysis

Buy & Flip (0)

Rental (2)

View Detailed PDF Report

Rental

54.28%

Cash-on-Cash Return

Annually

$15,706

Avg. Cashflow

Annually

Overview

Total Investment

$81,840

Point of Sale

5 Years

Monthly Income

$3,200

Monthly Expenses

$2,258

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

54.28% Annually

Avg. Annual Cashflow

$15,706

Appreciated Home Value

$382,884

Total Net Cashflow

$78,529

Total ROI at Sale

168.68%

Equity

$71,433

Loan Summary

Monthly Payment

$1,321.51

Total Amount Paid

$475,742

Total Principal Paid

$222,800

Total Interest Paid

$252,942

Amortization Schedule

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

Rental

54.28%

Cash-on-Cash Return

Annually

$15,706

Avg. Cashflow

Annually

Overview

Total Investment

$81,840

Point of Sale

5 Years

Monthly Income

$3,200

Monthly Expenses

$2,258

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

54.28% Annually

Avg. Annual Cashflow

$15,706

Appreciated Home Value

$382,884

Total Net Cashflow

$78,529

Total ROI at Sale

168.68%

Equity

$71,433

Loan Summary

Monthly Payment

$1,321.51

Total Amount Paid

$475,742

Total Principal Paid

$222,800

Total Interest Paid

$252,942

Amortization Schedule

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

More Listings by this Agent

Property Details

Property Type:

Multi-Family

Bed(s):

0

Full-Bath(s):

0

Half-Bath(s):

0

Building Sqft:

1892

Lot Size:

5050

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$298,500

List Status:

Active

MLS Number:

46280374

Days on Market:

392

Property Description

Houston is hot with deals like this one! Investment opportunity just minutes from downtown, In a Highly desired neighborhood, close to Heights and just one block away from the light rail. Tons of activity in the area. Lots of new construction. Good income producing property, fully occupied with leases in place. Large parking area and very spacious front porch to enjoy on any climate of the day, and very well-kept interior with appliances included. Great opportunity to put your money to work in this great Houston market.