Investment Opportunity

Knoxville

Property Details

City
Houston
State
TX
Zip Code
77051
Beds
3
Baths
2
Aread
910 sqft
Guests per Unit
2
Year Built
2026

Capital Summary

Purchase Price
$489,000
Furnishing Cost
$50,000
Setup Fees
$7,000
Legal Fees
$3,000
Total Budget
$549,000

Investment Structure

Total Investment Required
$549,000
Total Units
11
Price Per Unit
$50,000
Ownership Per Unit
9.09%
Minimum Units
1
Holding Period (Years)
5

Profitability Analysis

Total ROI
94.84%
Cap Rate
11.41%
Net Sale Proceeds
$767,277
Total Net Rental Income
$302,368
Equity Multiple
1.95
Total Return
$520,645
Average Monthly Cash Flow
5,039
Average Annual Lifecycle ROI
18.97%

Cash Flow

Annual Cash Flow – 5-Year Analysis

Category Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Total
INITIAL INVESTMENT (YEAR 0)
Purchase Price -$489,000 -$489,000
Closing Costs
Setup Fees -$7,000 -$7,000
Legal Fees -$3,000 -$3,000
Rehab / Furnishing -$50,000 -$50,000
Initial Reserve
Total Capital Deployed -$549,000 -$549,000
BOOKING REVENUE
Booking Revenue $84,374 $86,940 $89,585 $92,309 $95,117 $448,325
↳ Unit 1 $41,610 $42,858 $44,144 $45,468 $46,832 $220,913
↳ Unit 2 $41,610 $42,858 $44,144 $45,468 $46,832 $220,913
↳ Platform Fees -$8,437 -$8,694 -$8,958 -$9,231 -$9,512 -$44,833
Net Revenue $82,993 $85,517 $88,118 $90,799 $93,560 $440,988
EXPENSES
Bills & Expenses -$27,203 -$27,456 -$27,716 -$27,984 -$28,260 -$138,619
↳ Property Tax -$2,744 -$2,744 -$2,744 -$2,744 -$2,744 -$13,720
↳ Insurance -$1,200 -$1,200 -$1,200 -$1,200 -$1,200 -$6,000
↳ HOA
↳ Maintenance -$2,000 -$2,000 -$2,000 -$2,000 -$2,000 -$10,000
↳ Property Mgmt -$8,299 -$8,552 -$8,812 -$9,080 -$9,356 -$44,099
↳ Utilities -$7,200 -$7,200 -$7,200 -$7,200 -$7,200 -$36,000
↳ Cleaning -$5,760 -$5,760 -$5,760 -$5,760 -$5,760 -$28,800
↳ Reserves
RETURNS
Income After Bills $55,790 $58,061 $60,402 $62,815 $65,300 $302,368
Cash Flow $55,790 $58,061 $60,402 $62,815 $65,300 $302,368
Running Total -$549,000 -$493,210 -$435,149 -$374,746 -$311,932 -$246,632 -$246,632
PROPERTY SALE – END OF YEAR 5
Estimated Sale Value $489,000 $489,000
Selling Costs -$48,975 -$48,975
Net Sale Proceeds $767,277 $767,277
Total Cash Received $832,577 $1,069,645