Great Starter Home or Rental Property

Northside Houston TX 77028 Price 35000 Description 3 bed 1.5 bath 1404 sf lot size 4400 sf 2 story single family home Condition Needs repairs. Approx. repair cost 10000 Closing cost estimate 2100 Total 47100 ARV 72693 (Zestimate) Net Profit After Sale 25593 Appraised value 32632 (Harris County Tax Assessor) Median rent in area 750 Average rent 1058 (based on Rentometer.com) Income per year (at) 1050 per month 12600 Annual taxes 2400 (2014) Approx annual insurance 500 Net yearly income 9700 1st Year Return On Investment (ROI) 20.6% Nearby Homes Selling Prices 1532 Sheffield Blvd. 3 bed 1 bath 2508 sf. Sold on 3 10 14 100000 10339 Lafferty Oaks St. 3 bed 1.5 bath 1203 sf. Sold on 1 29 13 65000 11811 Wood Shadow Dr. 3 bed 2 bath 1410 sf. Sold on 7 28 11 90000

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