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Updated over 6 years ago on . Most recent reply

Ben M.'s profile image
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Ben M.
  • from Houston, TX
  • Member since Jun 24, 2015
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Ben M.'s profile image
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Ben M.
  • from Houston, TX
  • Member since Jun 24, 2015
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Ben M.
  • Houston, TX
46
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297
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General Landlording & Rental Properties

Help in analyzing rental comps

Ben M.
  • Houston, TX
Posted

I am looking at putting an offer on 2543 autumn springs ln spring tx 77373. I was given the comps in the screenshot below. I am worried about the gap of $1050-$1600/month. I need to make at least $1250 to make this work. What are the chances of me making $1250 from this?

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Matt K.'s profile image
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Matt K.
  • from Walnut Creek, California
  • Member since Oct 30, 2015
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Matt K.'s profile image
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Matt K.
  • from Walnut Creek, California
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Matt K.
  • Walnut Creek, CA
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Matt K.
  • Walnut Creek, CA
Replied

Use hotpads, craigslist, and rentometer... that should get your pretty close. Also, that house looks like it needs a fair amount of work to get rent ready...

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