Evaluation And Real Estate Analysis

Transcription

1 EQUITY BUILDERS GROUP HOUSTON PROPERTY PACKET DISCLAIMER ~ This is not intended to be an offer to sell nor a solicitation of offers to buy real estate in states where registration is required prior to any offer being made or in any other jurisdiction where prohibited by law. Equity Builders Realty Group llc is referring potential buyers only and does not represent buyers or sellers in any capacity on real property transactions. Real estate ownership involves risks which buyer assumes. It is your duty to do your own due diligence. Read all documents and agreements before signing anything. It is your duty to consult with your own legal, financial and tax advisors regarding any real property transaction. Equity Builders Realty Group llc is a licensed real estate brokerage in the state offlorida and does not create, market, sell or refer anyone to securities offerings.

2 Sorsby Drive Houston, TX SOLD Square Footage: 1,568 Bedrooms: 3 Bathrooms: 2 County: Harris Status: Just Rented on a 5 Year Lease Year Built: 2005 PURCHASE PRICE FOR EBG BUYERS: $125,350 Est. Monthly Property Taxes: $139 Property Management Fee: $69 Est. Monthly Insurance: $101 Home Owners Association: $0 Vacancy (7%): $81 Total Monthly Expenses: $447 Repairs (5%): $58 Monthly Rent: $1,150 ESTIMATED MONTHLY POSITIVE CASHFLOW: $703 CAP RATE: 6.7% GRM: 9.08

3 Maggie Street Houston, TX SOLD Square Footage: 1,692 Bedrooms: 3 County: Harris Bathrooms: 2 Year Built: 2004 PURCHASE PRICE FOR EBG BUYERS: $86,110 Est. Monthly Property Taxes: $196 Property Management Fee: $60 Est. Monthly Insurance: $112 Home Owner s Association: $0 Vacancy (7%): $70 Total Monthly Expenses: $488 Repairs (5%): $50 Monthly Rent: $1,000 ESTIMATED MONTHLY POSITIVE CASHFLOW: $512 CAP RATE: 7.1% GRM: 7.18

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5 Golden Oak Drive Texas City, TX Square Footage: 1,450 Bedrooms: 3 County: Harris Bathrooms: 2 Year Built: 2005 PURCHASE PRICE FOR EBG BUYERS: $103,550 Est. Monthly Property Taxes: $212 Property Management Fee: $63 Est. Monthly Insurance: $96 Home Owner s Association: $21 Vacancy (7%): $74 Total Monthly Expenses: $518 Repairs (5%): $53 Monthly Rent: $1,050 ESTIMATED MONTHLY POSITIVE CASHFLOW: $532 CAP RATE: 6.2% GRM: 8.22

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7 Galesburg Street Houston, TX SOLD Square Footage: 1,245 Bedrooms: 3 County: Harris Bathrooms: 2 Year Built: 2004 PURCHASE PRICE FOR EBG BUYERS: $86,110 Est. Monthly Property Taxes: $79 Property Management Fee: $59 Est. Monthly Insurance: $91 Home Owner s Association: $0 Vacancy (7%): $69 Total Monthly Expenses: $348 Repairs (5%): $50 Monthly Rent: $990 ESTIMATED MONTHLY POSITIVE CASHFLOW: $642 CAP RATE: 9.0% GRM: 7.25

8 Fountain Street Houston, TX SOLD Square Footage: 1,511 Bedrooms: 3 County: Harris Bathrooms: 2 Year Built: 2005 PURCHASE PRICE FOR EBG BUYERS: $92,560 Est. Monthly Property Taxes: $225 Property Management Fee: $57 Est. Monthly Insurance: $75 Home Owner s Association: $0 Vacancy (7%): $67 Total Monthly Expenses: $471 Repairs (5%): $48 Monthly Rent: $950 ESTIMATED MONTHLY POSITIVE CASHFLOW: $479 CAP RATE: 6.2% GRM: 8.12

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10 Stone Pine Lane Houston, TX Square Footage: 1,248 Bedrooms: 2 County: Harris Bathrooms: 2 Year Built: 1981 PURCHASE PRICE FOR EBG BUYERS: $72,000 Est. Monthly Property Taxes: $198 Property Management Fee: $88 Est. Monthly Insurance: $79 Home Owner s Association: $22 Vacancy (7%): $69 Total Monthly Expenses: $504 Repairs (5%): $49 Monthly Rent: $980 ESTIMATED MONTHLY POSITIVE CASHFLOW: $476 CAP RATE: 7.9% GRM: 6.12

11 Gatewood Street Houston, TX Square Footage: 1,278 Bedrooms: 3 County: Harris Bathrooms: 1 Year Built: 1975 PURCHASE PRICE FOR EBG BUYERS: $92,650 Est. Monthly Property Taxes: $84 Property Management Fee: $51 Est. Monthly Insurance: $86 Home Owner s Association: $13 Vacancy (7%): $60 Total Monthly Expenses: $336 Repairs (5%): $43 Monthly Rent: $850 ESTIMATED MONTHLY POSITIVE CASHFLOW: $514 CAP RATE: 6.7% GRM: 9.08

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13 Monarch Road Houston, TX Square Footage: 2,055 Bedrooms: 5 County: Harris Bathrooms: 2 Year Built: 1966 PURCHASE PRICE FOR EBG BUYERS: $107,910 Est. Monthly Property Taxes: $190 Property Management Fee: $66 Est. Monthly Insurance: $64 Home Owner s Association: $0 Vacancy (7%): $77 Total Monthly Expenses: $452 Repairs (5%): $55 Monthly Rent: $1,100 ESTIMATED MONTHLY POSITIVE CASHFLOW: $648 CAP RATE: 7.2% GRM: 8.18

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15 Corsair Road Houston, TX Square Footage: 1,547 Bedrooms: 3 County: Fort Bend Bathrooms: 2 Year Built: 1982 PURCHASE PRICE FOR EBG BUYERS: $103,550 Est. Monthly Property Taxes: $133 Property Management Fee: $57 Est. Monthly Insurance: $95 Home Owner s Association: $13 Vacancy (7%): $67 Total Monthly Expenses: $412 Repairs (5%): $48 Monthly Rent: $950 ESTIMATED MONTHLY POSITIVE CASHFLOW: $538 CAP RATE: 6.2% GRM: 9.08

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17 Rapid Creek Drive Houston, TX Square Footage: 1,336 Bedrooms: 3 County: Fort Bend Bathrooms: 2 Year Built: 1978 PURCHASE PRICE FOR EBG BUYERS: $97,010 Est. Monthly Property Taxes: $127 Property Management Fee: $54 Est. Monthly Insurance: $93 Home Owner s Association: $13 Vacancy (7%): $63 Total Monthly Expenses: $394 Repairs (5%): $45 Monthly Rent: $895 ESTIMATED MONTHLY POSITIVE CASHFLOW: $501 CAP RATE: 6.2% GRM: 9.03

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19 Candela Drive Houston, TX Square Footage: 1,449 Bedrooms: 3 County: Fort Bend Bathrooms: 2 Year Built: 1983 PURCHASE PRICE FOR EBG BUYERS: $118,810 Est. Monthly Property Taxes: $127 Property Management Fee: $65 Est. Monthly Insurance: $64 Home Owner s Association: $18 Vacancy (7%): $75 Total Monthly Expenses: $402 Repairs (5%): $54 Monthly Rent: $1,075 ESTIMATED MONTHLY POSITIVE CASHFLOW: $673 CAP RATE: 6.8% GRM: 9.21

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21 Houston Bunker Ridge Road Houston, TX Square Footage: Bedrooms: Bathrooms: Year Built: 1, County: Fort Bend PURCHASE PRICE FOR EBG BUYERS: $82,840 Est. Monthly Property Taxes: Est. Monthly Insurance: Vacancy (7%): Repairs (5%): $125 $88 $63 $45 Property Management Fee: Home Owner s Association: Total Monthly Expenses: Monthly Rent: $54 $0 $374 $895 ESTIMATED MONTHLY POSITIVE CASHFLOW: $521 CAP RATE: 7.6% GRM: 7.71

22 Sierra Drive Houston, TX Square Footage: 1,168 Bedrooms: 3 County: Harris Bathrooms: 1 Year Built: 1950 PURCHASE PRICE FOR EBG BUYERS: $64,310 Est. Monthly Property Taxes: $44 Property Management Fee: $51 Est. Monthly Insurance: $74 Home Owner s Association: $0 Vacancy (7%): $60 Total Monthly Expenses: $271 Repairs (5%): $43 Monthly Rent: $850 ESTIMATED MONTHLY POSITIVE CASHFLOW: $579 CAP RATE: 10.8% GRM: 6.30

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24 Tranquil Drive Sugar Land, TX Square Footage: 1,587 Bedrooms: 4 County: Fort Bend Bathrooms: 2 Year Built: 1984 PURCHASE PRICE FOR EBG BUYERS: $125,350 Est. Monthly Property Taxes: $200 Property Management Fee: $66 Est. Monthly Insurance: $92 Home Owner s Association: $21 Vacancy (7%): $77 Total Monthly Expenses: $511 Repairs (5%): $55 Monthly Rent: $1,100 ESTIMATED MONTHLY POSITIVE CASHFLOW: $589 CAP RATE: 5.6% GRM: 9.50

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26 W. Richmond Street Needville, TX Square Footage: 1,100 Bedrooms: 3 County: Fort Bend Bathrooms: 1 Year Built: 1971 PURCHASE PRICE FOR EBG BUYERS: $70,850 Est. Monthly Property Taxes: $87 Property Management Fee: $42 Est. Monthly Insurance: $56 Home Owner s Association: $0 Vacancy (7%): $49 Total Monthly Expenses: $268 Repairs (5%): $35 Monthly Rent: $695 ESTIMATED MONTHLY POSITIVE CASHFLOW: $427 CAP RATE: 7.2% GRM: 8.50

27 Chesterfield Drive Houston, TX Square Footage: 840 Bedrooms: 3 County: Harris Bathrooms: 1 Year Built: 1955 PURCHASE PRICE FOR EBG BUYERS: $65,400 Est. Monthly Property Taxes: $59 Property Management Fee: $46 Est. Monthly Insurance: $53 Home Owner s Association: $0 Vacancy (7%): $54 Total Monthly Expenses: $250 Repairs (5%): $38 Monthly Rent: $767 ESTIMATED MONTHLY POSITIVE CASHFLOW: $517 CAP RATE: 9.5% GRM: 7.11

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29 Some Drive Houston, TX Square Footage: 1,168 Bedrooms: 3 County: Harris Bathrooms: 1 Year Built: 1950 PURCHASE PRICE FOR EBG BUYERS: $64,310 Est. Monthly Property Taxes: $44 Property Management Fee: $51 Est. Monthly Insurance: $74 Home Owner s Association: $0 Vacancy (7%): $60 Total Monthly Expenses: $271 Repairs (5%): $43 Monthly Rent: $850 ESTIMATED MONTHLY POSITIVE CASHFLOW: $579 CAP RATE: 10.8% GRM: 6.30

30 Some Drive Houston, TX Square Footage: 1,168 Bedrooms: 3 County: Harris Bathrooms: 1 Year Built: 1950 PURCHASE PRICE FOR EBG BUYERS: $64,310 Est. Monthly Property Taxes: $44 Property Management Fee: $51 Est. Monthly Insurance: $74 Home Owner s Association: $0 Vacancy (7%): $60 Total Monthly Expenses: $271 Repairs (5%): $43 Monthly Rent: $850 ESTIMATED MONTHLY POSITIVE CASHFLOW: $579 CAP RATE: 10.8% GRM: 6.30