6 BRAND-NEW CONSTRUCTION TOWNHOMES $2,150,000.00

 BRAND-NEW CONSTRUCTION TOWNHOMES

 
Looking for a lucrative investment opportunity in the heart of Houston, Texas? We're thrilled to present an exclusive portfolio of (6) brand-new construction townhomes, located at the following addresses:

4210 McKinley Street, Houston, TX 77051
4212 McKinley Street, Houston, TX 77051
4214 McKinley Street, Houston, TX 77051
4216 McKinley Street, Houston, TX 77051
4218 McKinley Street, Houston, TX 77051
4220 McKinley Street, Houston, TX 77051

This unique opportunity offers a 6-pack of townhomes, ideal for a bulk purchase. With a location in a HOT short-term rental area, this portfolio promises excellent potential for long-term growth and substantial returns on investment. For more information on the bulk package, reach out to Taylor or Charlie.


Asking: $2,150,000


6 (T/H) UNDERWRITING:
Home Sales Price: $2,150,000
Marketing $100,000.00
Consulting $100,000.00
Closing cost: $19,000
Total Equity: $1,969,000
Monthly Rent: $14,400
Tax Rate (Appraised Value): 1.89%
Vacancy Rate: 5%
Monthly HOA: $0
12 months Rent: $172,800
Annual Maintenance: $0
Annual Taxes: $37,440
Annual HOA: $0
Annual Insurance: $15,000
Vacancy Cost: $8,640
Net Revenue: $111,720
Cap Rate: 5.82%

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