307 Enid Street, Houston, TX 77009

Contact Agent

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Michael Stavinoha

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

More Listings by this Agent

307 Enid Street

Houston, TX 77009

$325,000

  • Active
  • |
  • Single-Family
  • |
  • 118 Days on Market
  • BF
    Buy & Flip
  • 2 Bed(s)
  • 1 Full Bath(s)
1 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

$87,816

Net Profit

15.22%

ROI

Overview

Total Cash Investment

$576,990

Holding Period

6 Months

Rehab/Renovation Costs

$200,000

After Repair Value (ARV)

$700,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$87,816

Annualized ROI

$30.44%

Return-On-Investment

15.22%

Holding Costs

Total Loan Cost

$35,194

Monthly Loan Interest

$3,771

Cost Per Month

$4,902.38

Cost Per Week

$1,225.60

Cost Per Day

$175.09

Cost of Points

$12,569

Monthly Expenses

$1,132

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $700,000 $570,200 $12,569 $117,231 20.56%
1 $700,000 $571,332 $16,340 $112,328 19.66%
2 $700,000 $572,463 $20,111 $107,426 18.77%
3 $700,000 $573,595 $23,882 $102,523 17.87%
4 $700,000 $574,726 $27,652 $97,622 16.99%
5 $700,000 $575,858 $31,423 $92,719 16.10%
6 $700,000 $576,990 $35,194 $87,816 15.22%
7 $700,000 $578,121 $38,965 $82,914 14.34%
8 $700,000 $579,253 $42,736 $78,011 13.47%
9 $700,000 $580,384 $46,506 $73,110 12.60%
10 $700,000 $581,516 $50,277 $68,207 11.73%
11 $700,000 $582,648 $54,048 $63,304 10.86%
12 $700,000 $583,779 $57,819 $58,402 10%

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

Rental (0)

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Property Details

Property Type:

Single-Family

Bed(s):

2

Full-Bath(s):

1

Half-Bath(s):

0

Building Sqft:

1286

Lot Size:

5000

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$325,000

List Status:

Active

MLS Number:

2257522

Days on Market:

118

Property Description

Located in the Houston Heights area near downtown, this property offers an amazing opportunity for location. Rehab the existing home or start over with your dream property. Call today for your private tour, you do not want to miss your chance to have a property with this location! Home did NOT flood in Harvey!