928 Nadine Street, Houston, TX 77009

928 Nadine Street

Houston, TX 77009

$499,000

  • Sold
  • |
  • Single-Family
  • |
  • 76 Days on Market
  • BF
    Buy & Flip
  • R
    Rental
  • 3 Bed(s)
  • 2 Full Bath(s)
  • 1 Half Bath(s)
3 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

$30,554

Net Profit

5.12%

ROI

Overview

Total Cash Investment

$596,492

Holding Period

4 Months

Rehab/Renovation Costs

$25,000

After Repair Value (ARV)

$650,000

Financing Type

Hard/Private Money

Risk Level

Low

Investment Performance

Net Profit

$30,554

Annualized ROI

$15.36%

Return-On-Investment

5.12%

Holding Costs

Total Loan Cost

$22,954

Monthly Loan Interest

$3,517

Cost Per Month

$4,897.63

Cost Per Week

$1,224.41

Cost Per Day

$174.92

Cost of Points

$8,885

Monthly Expenses

$1,381

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $650,000 $590,970 $8,885 $50,145 8.49%
1 $650,000 $592,351 $12,402 $45,247 7.64%
2 $650,000 $593,731 $15,919 $40,350 6.80%
3 $650,000 $595,112 $19,436 $35,452 5.96%
4 $650,000 $596,492 $22,954 $30,554 5.12%
5 $650,000 $597,873 $26,471 $25,656 4.29%
6 $650,000 $599,253 $29,988 $20,759 3.46%
7 $650,000 $600,634 $33,505 $15,861 2.64%
8 $650,000 $602,014 $37,022 $10,964 1.82%
9 $650,000 $603,395 $40,539 $6,066 1.01%
10 $650,000 $604,776 $44,056 $1,168 0.19%
11 $650,000 $606,156 $47,573 $-3,729 -0.62%
12 $650,000 $607,537 $51,090 $-8,627 -1.42%

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

Rental (2)

View Detailed PDF Report

Rental

77.04%

Cash-on-Cash Return

Annually

$13,730

Avg. Cashflow

Annually

Overview

Total Investment

$513,970

Point of Sale

8 Years

Monthly Income

$2,500

Monthly Expenses

$1,331

Financing Type

Cash

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

77.04% Annually

Avg. Annual Cashflow

$13,730

Appreciated Home Value

$632,118

Total Net Cashflow

$109,843

Total ROI at Sale

60.31%

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

-31.67%

Cash-on-Cash Return

Annually

$-14,045

Avg. Cashflow

Annually

Overview

Total Investment

$139,720

Point of Sale

22 Years

Monthly Income

$2,200

Monthly Expenses

$3,275

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

-31.67% Annually

Avg. Annual Cashflow

$-14,045

Appreciated Home Value

$956,136

Total Net Cashflow

$-308,980

Total ROI at Sale

188.01%

Equity

$340,303

Loan Summary

Monthly Payment

$2,009.05

Total Amount Paid

$723,258

Total Principal Paid

$374,246

Total Interest Paid

$349,012

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):

1

Building Sqft:

2507

Lot Size:

3375

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$499,000

List Status:

Sold

MLS Number:

93350239

Days on Market:

76

Property Description

Now available on of the Nadine Lofts. Contemporary design with great architectural lines designed for energy efficiency. Two bedrooms down plus kitchenette open to outside patio & fenced yard. Ideal space for an office. Concrete floors down, hickory floors on 2nd floor. Second floor has soaring ceilings, lots of natural light, fireplace and an inviting screened porch. Flexible spaces offer unique entertaining possibilities as well as places to relax. Kitchen opens to dining room with pass through and breakfast bar. Third floor master suite overlooks 2nd floor porch. Area off master bedroom ideal for exercise master, reading or study nook. Fenced back yard for outdoor activities. Gated entry. Great location.