425 Heights Boulevard, Houston, TX 77007

Contact Agent

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Michael Stavinoha

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

More Listings by this Agent

425 Heights Boulevard

Houston, TX 77007

$849,000

  • Active
  • |
  • Multi-Family
  • |
  • 286 Days on Market
  • BF
    Buy & Flip
  • 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 (1)

View Detailed PDF Report

Buy & Flip

$136,624

Net Profit

12.53%

ROI

Overview

Total Cash Investment

$1,090,526

Holding Period

6 Months

Rehab/Renovation Costs

$120,000

After Repair Value (ARV)

$1,300,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$136,624

Annualized ROI

$25.06%

Return-On-Investment

12.53%

Holding Costs

Total Loan Cost

$72,850

Monthly Loan Interest

$8,904

Cost Per Month

$11,158.12

Cost Per Week

$2,789.53

Cost Per Day

$398.50

Cost of Points

$19,427

Monthly Expenses

$2,254

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $1,300,000 $1,077,000 $19,427 $203,573 18.90%
1 $1,300,000 $1,079,254 $28,330 $192,416 17.83%
2 $1,300,000 $1,081,509 $37,234 $181,257 16.76%
3 $1,300,000 $1,083,763 $46,138 $170,099 15.70%
4 $1,300,000 $1,086,017 $55,042 $158,941 14.64%
5 $1,300,000 $1,088,271 $63,946 $147,783 13.58%
6 $1,300,000 $1,090,526 $72,850 $136,624 12.53%
7 $1,300,000 $1,092,780 $81,754 $125,466 11.48%
8 $1,300,000 $1,095,034 $90,657 $114,309 10.44%
9 $1,300,000 $1,097,288 $99,561 $103,151 9.40%
10 $1,300,000 $1,099,543 $108,465 $91,992 8.37%
11 $1,300,000 $1,101,797 $117,369 $80,834 7.34%
12 $1,300,000 $1,104,051 $126,273 $69,676 6.31%

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

Rental (1)

View Detailed PDF Report

Rental

-13.87%

Cash-on-Cash Return

Annually

$-9,841

Avg. Cashflow

Annually

Overview

Total Investment

$200,000

Point of Sale

5 Years

Monthly Income

$4,800

Monthly Expenses

$5,768

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

-13.87% Annually

Avg. Annual Cashflow

$-9,841

Appreciated Home Value

$927,419

Total Net Cashflow

$-49,203

Total ROI at Sale

1.5%

Equity

$208,252

Loan Summary

Monthly Payment

$3,633.85

Total Amount Paid

$1,308,186

Total Principal Paid

$640,000

Total Interest Paid

$668,186

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:

4516

Lot Size:

9375

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$849,000

List Status:

Active

MLS Number:

80965214

Days on Market:

286

Property Description

Wonderful opportunity to utilize a charming original Heights building for rental income or office build out potential. Located on Heights Boulevard, this property can be a rare opportunity for a local business to have great street frontage located in the heart of the Heights.