Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 3 months ago on . Most recent reply

User Stats

134
Posts
51
Votes
Elin Trinh
  • Honolulu
51
Votes |
134
Posts

0 Westcott St, Houston, TX 77016 - NEW CONSTRUCTION

Elin Trinh
  • Honolulu
Posted

Hi,

I was looking at new construction (0 Westcott St, Houston, TX 77016).  When I used the Insight Property tool on BP it had the median rent at $2500 per unit.  But when I looked at the description it says that potential rent is $1200 per unit.  I tried rent at $1500 for each unit and it still cash flowed at $282 per month.  the GreatSchools rating is low for Elementary, Middle, and High School.

Is anyone familiar with the new subdivision?  What do you estimate rent at?  Do you like the area?  

Thank you in advance for your help.

Most Popular Reply

User Stats

763
Posts
499
Votes
Karl McGarvey
  • Real Estate Agent
  • Houston, TX
499
Votes |
763
Posts
Karl McGarvey
  • Real Estate Agent
  • Houston, TX
Replied

Checkout Rentometer to see what comps look like in the area.

Loading replies...