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Archived over 4 years ago

$150,000

4 bd 2 ba 1624 sqft

424 Rosamond St, Houston, TX 77076

Residential SFR Occupied Off MLS

Current Rent **

$1,425

Projected Rent **

$1,475

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Turnkey Rental

Stable cash flowing turnkey rental ready for a new investor. I'm cashing in my chips. Looking for a nice an easy transaction that won't disturb the consistent tenants. I'm not a realtor or wholesaler. I am the sole owner/investor of this property you are dealing direct with the decision maker.

My goal was to buy, rent and sell in 2-3 years and that is the mark I am at. Home is in good condition, nothing major needed. Annual inspections done. Tenants are month to month and have had no issues with payments.

Looking for a win win transaction if not, I'll just keep it and pocket that cash flow every month. Message me on BP if interested. If you happen to be local to the property (I'm out of state) please do not disturb the tenants in any way.

I also have a property in Lyndhurst, OH that I will be posting as well. Similar situation.

Location:

424 Rosamond St, Houston, TX 77076

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.