Zip Code 77004 โ€” Houston, TX

๐Ÿ”ดWEAKโ€” appreciation play only
F

Poor

Negative cash flow likely ยท Score: 21/100

Cap Rate

2.9%

Monthly Cash Flow

-$1,021

Median Home Price

$353,480

DSCR

0.46

Fair Market Rents

Studio
$1,000/mo
1 Bedroom
$1,050/mo
2 Bedroom
$1,260/mo
3 Bedroom
$1,660/mo
4 Bedroom
$2,140/mo

Investment Metrics

Cap Rate
2.9%
Cash-on-Cash Return
-15.1%
Price-to-Rent Ratio
17.7
1% Rule
0.47%
Gross Rent Multiplier
17.7
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’