Handyman Special

Property Address 8011 Bowen St. Houston TX 77051 Description 3 bed 1 bath 1728 sf. Lot size 5100 sf. Built in 1950 Single family home Price 29500 cash Condition Needs repairs. Approx. repair cost 20000 Closing cost estimate 1770 Total 51270 ARV 90690 (Zestimate) Net Profit After Sale 39420 Appraised value 36754 (Harris County Tax Assessor) Median rent in area 750 Average rent 802 (based on Rentometer.com) Income per year 9624 Annual taxes 1050 (2013) Approx annual insurance 450 Net yearly income 8124 Return On Investment (ROI) 15.8% Nearby Homes Selling Prices 7213 Kassarine Pass 3 bed 1 bath 1116 sf sold 10 11 13 106250 5615 Overdale St 3 bed 1 bath 1204 sf sold 8 16 11 73000 5631 Lyndhurst Dr. 3 bed 1 bath 1400 sf sold 12 08 12 71000

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