Investment Opportunity

Woodward

Property Details

City
Houston
State
TX
Zip Code
77051
Beds
3
Baths
2
Area
2,489 sqft
Year Built
2026

Property Type
Multi Family
Guests per Unit
6

Capital Summary

Purchase Price
$479,900
Furnishing Cost
$40,000
Setup Fees
$3,000
Legal Fees
$3,000
Total Budget
$525,900

Investment Structure

Total Investment Required
$525,900
Total Units
11
Price Per Unit
$50,000
Ownership Per Unit
9.09%
Minimum Units
1
Holding Period (Years)
5

Profitability Analysis

Total ROI
83.16%
Cap Rate
14.83%
Net Sale Proceeds
$578,931
Total Net Rental Income
$384,329
Equity Multiple
1.83
Total Return
$437,360
Average Monthly Cash Flow
6,405
Average Annual Lifecycle ROI
16.63%

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 -$479,900 -$479,900
Closing Costs
Setup Fees -$3,000 -$3,000
Legal Fees -$3,000 -$3,000
Rehab / Furnishing -$40,000 -$40,000
Initial Reserve
Total Capital Deployed -$525,900 -$525,900
BOOKING REVENUE
Booking Revenue $101,027 $104,099 $107,266 $110,528 $113,890 $536,810
↳ Unit 1 $49,823 $51,317 $52,857 $54,442 $56,076 $264,514
↳ Unit 2 $49,823 $51,317 $52,857 $54,442 $56,076 $264,514
↳ City / Lodging Tax
↳ Platform Fees -$10,103 -$10,410 -$10,727 -$11,053 -$11,389 -$53,681
Net Revenue $90,924 $93,689 $96,539 $99,475 $102,501 $483,129
EXPENSES
Bills & Expenses -$19,760 -$19,760 -$19,760 -$19,760 -$19,760 -$98,800
↳ Property Tax -$6,000 -$6,000 -$6,000 -$6,000 -$6,000 -$30,000
↳ Insurance -$1,200 -$1,200 -$1,200 -$1,200 -$1,200 -$6,000
↳ Maintenance -$2,000 -$2,000 -$2,000 -$2,000 -$2,000 -$10,000
↳ Utilities -$4,800 -$4,800 -$4,800 -$4,800 -$4,800 -$24,000
↳ Cleaning -$5,760 -$5,760 -$5,760 -$5,760 -$5,760 -$28,800
RETURNS
Income After Bills $71,164 $73,929 $76,779 $79,715 $82,741 $384,329
Cash Flow $71,164 $73,929 $76,779 $79,715 $82,741 $384,329
Running Total -$525,900 -$454,736 -$380,807 -$304,028 -$224,312 -$141,571 -$141,571
PROPERTY SALE – END OF YEAR 5
Estimated Sale Value $615,884 $615,884
Selling Costs -$36,953 -$36,953
Net Sale Proceeds $578,931 $578,931
Total Cash Received $661,672 $963,260