Location – Energy Corridor in Houston, TX
Strategy – Buy-Hold
Date Acquired – March 2014
Date Resold – May 2018
The real estate market was generally Flat Market during hold period.
(Net of Fees)
Acquisition Price – $195k
Loan Type – Conventional 20% down
Resale Price – $265k
Hold Time – 4yrs 2mos
Equity Multiple 3.15x
Avg. Yearly Appreciation 8.9%
Avg. Vacancy 2%
Avg. CAPEX & Maintenance 3.5%
Management Fee 10%
Avg. Cash-on-cash return 8.8%
10497 Town and Country Way, Suite 700
Houston, TX 77024
Email: info@hnbrealty.com
Phone: (281) 201-3710
Working Hours
Mon-Fri: 9:00 AM – 5:00 PM
Disclosure
HNB Realty is a licensed real estate broker in Texas. We do not provide financial or legal advice.
Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are not guaranteed and may not reflect actual future performance.
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