5864 Sugar Hill DR, Houston, TX SWPRE Annual Financial Model $324,500 Investment $3,000 Monthly Rent # 1 2 3 4
Category Gross Income Maintenance Reserve Taxes Insurance HOA
Description $/# 12 Months Rent $ 36,000 $ Actual $ (6,006) None $ (2,636)
5 Total Expenses #2 + #3 + #4 $ (8,642) 5 Net Operating Income #1 - #5 $ 27,358 6 Annual Debt Service BankRate.com* $(14,868) 7 Pre-Tax Income #5 - #6 $ 12,490 8 Cash Flow Adjustment #6 - #8 $ 8,743 9 Est. Net Cash Flow Estimate $ 21,233 10 Cap Rate #5 / Sale Price 8.43% 11 Gross Rent Multiplier Sale Price / #1 9.01 80% loan, 4% APR interest rate, 30-year amortization. $1,297 monthly est. No PMI. National lender. Calculations from http://www.bankrate.com.
5864 Sugar Hill DR HCAD Market Value % Increase 2013-15 Actual + Logarithmic & Moving AVG Trends to 2020 25%
21.4%
Logarithmic
Moving AVG
20%
15%
13.9% 8.5%
10% 5% 0% 2013
2014
2015
2016
2017
2018
2019
2020
“A” Personal Crime Grade – LOWEST CRIME AREA
Excellent Public School Options
Briargrove Elementary (PK-5) 0.67 MI away 917 students 7 of 10 Greatschools Rating
Grady Middle (6-8) 1.1 MI away 558 students 7 of 10 Greatschools Rating
T-Rogers High (PK-12) 0.5 MI away 794 students 10 of 10 Greatschools Rating
9 Private School Options within 1 Mi
58 Walk Score
36 Transit Score
20 60 Minute MIN Ride Walk Mass Time Transit Map
30 Minute Rush Hour Drive Time Map
30 Minute Bike Ride Map
30 Minute Walk Map
Outstanding Galleria Tanglewood Location
20 2.4Minute Miles from WalkThe Time Galleria
20 2.4Minute Miles from WalkChimney Time Rock RD at I10
20 2.2Minute Miles from WalkWoodway Time DR at I610
Laramie Driscoll, BA CIPS, GRI, $100M Club, Realtor© Managing Partner, The Driscoll Collection Partner, Southwest Partners
M +1 713.213.5960
O +1 979.421.9996
[email protected] Houston Galleria Woodway Place Luxury Townhome
http://swpre.com/?p=23016