2606 Stanford, Houston, TX 77006

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Michael Stavinoha

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

More Listings by this Agent

2606 Stanford

Houston, TX 77006

$675,000

  • Active
  • |
  • Multi-Family
  • |
  • 67 Days on Market
  • BF
    Buy & Flip
  • R
    Rental
  • 2 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

$1,770

Net Profit

0.21%

ROI

Overview

Total Cash Investment

$829,077

Holding Period

6 Months

Rehab/Renovation Costs

$50,000

After Repair Value (ARV)

$880,000

Financing Type

Hard/Private Money

Risk Level

Very High

Investment Performance

Net Profit

$1,770

Annualized ROI

$0.42%

Return-On-Investment

0.21%

Holding Costs

Total Loan Cost

$49,153

Monthly Loan Interest

$6,008

Cost Per Month

$7,978.72

Cost Per Week

$1,994.68

Cost Per Day

$284.95

Cost of Points

$13,108

Monthly Expenses

$1,971

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $880,000 $817,250 $13,108 $49,642 6.07%
1 $880,000 $819,221 $19,115 $41,664 5.09%
2 $880,000 $821,192 $25,123 $33,685 4.10%
3 $880,000 $823,163 $31,130 $25,707 3.12%
4 $880,000 $825,134 $37,138 $17,728 2.15%
5 $880,000 $827,106 $43,146 $9,749 1.18%
6 $880,000 $829,077 $49,153 $1,770 0.21%
7 $880,000 $831,048 $55,161 $-6,209 -0.75%
8 $880,000 $833,019 $61,169 $-14,188 -1.70%
9 $880,000 $834,990 $67,176 $-22,166 -2.65%
10 $880,000 $836,961 $73,184 $-30,145 -3.60%
11 $880,000 $838,932 $79,191 $-38,123 -4.54%
12 $880,000 $840,903 $85,199 $-46,102 -5.48%

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

5.71%

Cash-on-Cash Return

Annually

$3,181

Avg. Cashflow

Annually

Overview

Total Investment

$160,600

Point of Sale

4 Years

Monthly Income

$4,600

Monthly Expenses

$4,465

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

5.71% Annually

Avg. Annual Cashflow

$3,181

Appreciated Home Value

$748,709

Total Net Cashflow

$12,723

Total ROI at Sale

36.15%

Equity

$164,601

Loan Summary

Monthly Payment

$2,867.33

Total Amount Paid

$1,032,239

Total Principal Paid

$504,996

Total Interest Paid

$527,243

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):

2

Full-Bath(s):

0

Half-Bath(s):

0

Building Sqft:

3863

Lot Size:

5000

Tax Rate:

2.5264

County:

Harris

Listing Information

List Price:

$675,000

List Status:

Active

MLS Number:

89563754

Days on Market:

67

Property Description

This historical home has high ceilings & original hardwoods. Great investment property for owner/occupant or investor - Four units - Main house in front with 3 income producing rental units in back (#1-2,080 SF, #2-720 SF, #3-720 SF, #4-studio ~350SF). All units have full size washer/dryers inside. Total 3,863 living space. Lovely wood deck in back shared with tenants. No maintenance fee required. On site parking for 4-5 vehicles is great for tenants as well. Close to shops and Downtown.