Or it could be that the property actually is not as nice as it looks on Zillow, and thus really won’t command market rents.

You would think a high priced unit would generally command a much higher rent.

Presumably, the first floor should command higher market rent as it has a separate living room, kitchen, and dining room and the other units would have eat-in-kitchen.Monthly expenses: assumes insurance and property taxes based on the realtor.com listing as well as 10% vacancy, 5% repairs, and 5% capex.

These appliances can be controlled remotely using your smartphone or voice commands, making it easier to manage your kitchen tasks.

The inventory seems to be good quality, reasonably priced and commands good rents.Anyone have any experience in the area?  

@Vincent LattucaI am a real estate agent and investor in the Houston market.Katy, Cypress, Spring, some parts of Houston, Conroe, Tomball, Pearland are great markets.Rent growth and appreciation is steady.These cities tend to command quality tenants, and they have great schools.All the best!

You could also argue that you are now setting a new standard of living, which could command higher rents in the long run.

Pool, hot tub, exercise room, and one parking space.I signed up for AirBNB-- my place is extremely minimally furnished, so I'm not sure if I'd try to start as is at a lower rate, then use the profits to update little by little until it's... well, swanky enough to command a higher rate

I have a client purchasing houses close to campus and those are commanding a higher rent than the apartments/condos. 

Speculative investments command higher returns - like development projects, where as stabilized properties require less.Next time we can all have a blast talking about unleveraged and leveraged IRR's, Net vs Gross IRRs, and a bunch of other financial concepts.