6883 Turtlewood Drive, Houston, TX 77072

6883 Turtlewood Drive

Houston, TX 77072

$239,399

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

Contact Agent

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James Naughton

Keller Williams
james.naughton@autonus.com
(512) 785-9708

Realtor Analysis

Buy & Flip (1)

View Detailed PDF Report

Buy & Flip

$118,386

Net Profit

37.96%

ROI

Overview

Total Cash Investment

$311,878

Holding Period

6 Months

Rehab/Renovation Costs

$25,000

After Repair Value (ARV)

$450,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$118,386

Annualized ROI

$75.92%

Return-On-Investment

37.96%

Holding Costs

Total Loan Cost

$19,736

Monthly Loan Interest

$2,467

Cost Per Month

$3,165.83

Cost Per Week

$791.46

Cost Per Day

$113.07

Cost of Points

$4,934

Monthly Expenses

$699

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $450,000 $307,685 $4,934 $137,381 44.65%
1 $450,000 $308,384 $7,401 $134,215 43.52%
2 $450,000 $309,083 $9,868 $131,049 42.40%
3 $450,000 $309,781 $12,335 $127,884 41.28%
4 $450,000 $310,480 $14,802 $124,718 40.17%
5 $450,000 $311,179 $17,269 $121,552 39.06%
6 $450,000 $311,878 $19,736 $118,386 37.96%
7 $450,000 $312,576 $22,204 $115,220 36.86%
8 $450,000 $313,275 $24,671 $112,054 35.77%
9 $450,000 $313,974 $27,138 $108,888 34.68%
10 $450,000 $314,673 $29,605 $105,722 33.60%
11 $450,000 $315,371 $32,072 $102,557 32.52%
12 $450,000 $316,070 $34,539 $99,391 31.45%

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

Rental (3)

View Detailed PDF Report

Rental

53.28%

Cash-on-Cash Return

Annually

$4,102

Avg. Cashflow

Annually

Overview

Total Investment

$246,685

Point of Sale

11 Years

Monthly Income

$1,000

Monthly Expenses

$549

Financing Type

Cash

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

53.28% Annually

Avg. Annual Cashflow

$4,102

Appreciated Home Value

$331,524

Total Net Cashflow

$45,127

Total ROI at Sale

40.34%

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

65.05%

Cash-on-Cash Return

Annually

$6,598

Avg. Cashflow

Annually

Overview

Total Investment

$249,080

Point of Sale

5 Years

Monthly Income

$2,300

Monthly Expenses

$795

Financing Type

Cash

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

65.05% Annually

Avg. Annual Cashflow

$6,598

Appreciated Home Value

$277,646

Total Net Cashflow

$32,988

Total ROI at Sale

38.33%

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

8.2%

Cash-on-Cash Return

Annually

$1,883

Avg. Cashflow

Annually

Overview

Total Investment

$55,085

Point of Sale

5 Years

Monthly Income

$2,000

Monthly Expenses

$1,857

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

8.2% Annually

Avg. Annual Cashflow

$1,883

Appreciated Home Value

$277,646

Total Net Cashflow

$9,412

Total ROI at Sale

55.24%

Equity

$62,941

Loan Summary

Monthly Payment

$1,058.02

Total Amount Paid

$380,887

Total Principal Paid

$191,598

Total Interest Paid

$189,289

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

Property Details

Property Type:

Single-Family

Bed(s):

3

Full-Bath(s):

2

Half-Bath(s):

0

Building Sqft:

1750

Lot Size:

4327

Tax Rate:

2.7496

County:

Harris

Listing Information

List Price:

$239,399

List Status:

Sold

MLS Number:

97182504

Days on Market:

83

Property Description

Freshly UPDATED 3-bed, 2-bath home situated in the heart of Chinatown in a gated community. Home comes with engineered hard wood throughout, granite counter tops. Easy access Beltway 8, Hwy 59, and Westpark Toll. Nestled in a quiet neighborhood but steps from infamous restaurants and markets that Chinatown has to offer. Walking to Owen Intermediate and Saigon Plaza (Kim Son Buffet and many restaurants). Current Fridge, Washer, and Dryer included in the sale. This gated neighborhood rarely has any house for sale because it's very stable.