20.61% Cash on Cash ROI Rental Investment Property in Houston Tex

[Gabriel Jeroh]

This property is at 7834 Woodlyn Rd, Houston, Tx 77028.

• This 840 square foot single family home has 3 bedrooms and 1.0 bathrooms.
• It is located at Parkhurst Estates and the corner of Linda Vista.
• Closely located to shopping and entertainment area. 
• Large lot for endless potential.

Occupied - Do not disturb tenant. Long term tenant currently leased at $550/mo but can be increased to $750/mo. Low maintenance tenant willing to continue lease without any repairs.

Purchase Price: $34,000

Repairs: $5,000 (home is livable and in decent condition)

ARV: $50,000

Cash on Cash (ROI): 20.61%

Closing date: Under contract to December 25th 2015

See BP Rental Calculation: BP Rental Calculation

Please send your offers ASAP to [email protected]