4321 Center Street, Houston, TX 77007

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Michael Stavinoha

EXP Realty LLC
michaels@shapingrealestate.com
979) 320-4303

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4321 Center Street

Houston, TX 77007

$399,000

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

Contact Agent

agent-logo.png

Michael Stavinoha

EXP Realty LLC
michaels@shapingrealestate.com
979) 320-4303

Realtor Analysis

Buy & Flip (1)

View Detailed PDF Report

Buy & Flip

$88,008

Net Profit

13.05%

ROI

Overview

Total Cash Investment

$674,608

Holding Period

6 Months

Rehab/Renovation Costs

$200,000

After Repair Value (ARV)

$800,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$88,008

Annualized ROI

$26.10%

Return-On-Investment

13.05%

Holding Costs

Total Loan Cost

$37,384

Monthly Loan Interest

$5,341

Cost Per Month

$6,748.46

Cost Per Week

$1,687.12

Cost Per Day

$241.02

Cost of Points

$5,341

Monthly Expenses

$1,408

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $800,000 $666,160 $5,341 $128,499 19.29%
1 $800,000 $667,568 $10,681 $121,751 18.24%
2 $800,000 $668,976 $16,022 $115,002 17.19%
3 $800,000 $670,384 $21,362 $108,254 16.15%
4 $800,000 $671,792 $26,703 $101,505 15.11%
5 $800,000 $673,200 $32,043 $94,757 14.08%
6 $800,000 $674,608 $37,384 $88,008 13.05%
7 $800,000 $676,015 $42,724 $81,261 12.02%
8 $800,000 $677,423 $48,065 $74,512 11%
9 $800,000 $678,831 $53,405 $67,764 9.98%
10 $800,000 $680,239 $58,746 $61,015 8.97%
11 $800,000 $681,647 $64,086 $54,267 7.96%
12 $800,000 $683,055 $69,427 $47,518 6.96%

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):

4

Full-Bath(s):

2

Half-Bath(s):

0

Building Sqft:

2210

Lot Size:

7080

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$399,000

List Status:

Sold

MLS Number:

5002283

Days on Market:

204

Property Description

Drive by only. Please do not disturb the tenants or walk the property without permission. Home is being sold for lot value. Large lot for sale, 7,080 SQ FT. Measurements are front/back 60 FT and sides are 118 FT. There will be no showings of the home without a written offer first. All showings will be scheduled through listing agent. Buyer will need to purchase new survey. Home is being sold as is. Seller will not make any repairs since no value for the home was calculated into the price.