4205 Rusk Street, Houston, TX 77023

Contact Agent

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Michael Stavinoha

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

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4205 Rusk Street

Houston, TX 77023

$219,727

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

View Detailed PDF Report

Buy & Flip

$117,696

Net Profit

37.51%

ROI

Overview

Total Cash Investment

$313,789

Holding Period

6 Months

Rehab/Renovation Costs

$50,000

After Repair Value (ARV)

$450,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$117,696

Annualized ROI

$75.02%

Return-On-Investment

37.51%

Holding Costs

Total Loan Cost

$18,515

Monthly Loan Interest

$2,263

Cost Per Month

$3,302.97

Cost Per Week

$825.74

Cost Per Day

$117.96

Cost of Points

$4,937

Monthly Expenses

$1,040

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $450,000 $307,549 $4,937 $137,514 44.71%
1 $450,000 $308,589 $7,200 $134,211 43.49%
2 $450,000 $309,629 $9,463 $130,908 42.28%
3 $450,000 $310,669 $11,726 $127,605 41.07%
4 $450,000 $311,709 $13,989 $124,302 39.88%
5 $450,000 $312,749 $16,252 $120,999 38.69%
6 $450,000 $313,789 $18,515 $117,696 37.51%
7 $450,000 $314,829 $20,778 $114,393 36.33%
8 $450,000 $315,869 $23,041 $111,090 35.17%
9 $450,000 $316,909 $25,304 $107,787 34.01%
10 $450,000 $317,949 $27,567 $104,484 32.86%
11 $450,000 $318,989 $29,830 $101,181 31.72%
12 $450,000 $320,029 $32,093 $97,878 30.58%

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

$138,318

Net Profit

44.38%

ROI

Overview

Total Cash Investment

$311,682

Holding Period

6 Months

Rehab/Renovation Costs

$50,000

After Repair Value (ARV)

$450,000

Financing Type

Cash

Risk Level

Very Low

Investment Performance

Net Profit

$138,318

Annualized ROI

$88.76%

Return-On-Investment

44.38%

Holding Costs

Total Loan Cost

$0

Monthly Loan Interest

$0

Cost Per Month

$1,039.99

Cost Per Week

$260

Cost Per Day

$37.14

Cost of Points

$0

Monthly Expenses

$1,040

Project Timetable

Month

Arv

Total Cash Investment

Net Profit

Roi

0 $450,000 $305,442 $144,558 47.33%
1 $450,000 $306,482 $143,518 46.83%
2 $450,000 $307,522 $142,478 46.33%
3 $450,000 $308,562 $141,438 45.84%
4 $450,000 $309,602 $140,398 45.35%
5 $450,000 $310,642 $139,358 44.86%
6 $450,000 $311,682 $138,318 44.38%
7 $450,000 $312,722 $137,278 43.90%
8 $450,000 $313,762 $136,238 43.42%
9 $450,000 $314,802 $135,198 42.95%
10 $450,000 $315,842 $134,158 42.48%
11 $450,000 $316,882 $133,118 42.01%
12 $450,000 $317,922 $132,078 41.54%

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

12.86%

Cash-on-Cash Return

Annually

$2,601

Avg. Cashflow

Annually

Overview

Total Investment

$65,175

Point of Sale

5 Years

Monthly Income

$1,700

Monthly Expenses

$1,598

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

12.86% Annually

Avg. Annual Cashflow

$2,601

Appreciated Home Value

$249,244

Total Net Cashflow

$13,004

Total ROI at Sale

42.98%

Equity

$54,101

Loan Summary

Monthly Payment

$900.41

Total Amount Paid

$324,148

Total Principal Paid

$158,581

Total Interest Paid

$165,567

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

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Property Details

Property Type:

Single-Family

Bed(s):

3

Full-Bath(s):

1

Half-Bath(s):

0

Building Sqft:

Lot Size:

5000

Tax Rate:

2.6764

County:

Harris

Listing Information

List Price:

$219,727

List Status:

Sold

MLS Number:

23419032

Days on Market:

309

Property Description

This craftsman style home is located in the heart of Houston with easy access to Downtown. Features include wood flooring and built in shelves over a brick exposed fireplace to enjoy those cozy nights in. It invites you in with its high ceilings and crown molding, if you love that eclectic feel. Adding to its character, it also comes with new updates such as a completely redone driveway, new paint inside and out, Central A/C and an updated kitchen with and bathroom with lovely granite tile. This could be the home for you!