Norada Real Estate Investments

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ONLY $15,000 DOWN

Positive Cash-Flow
Tenant Occupied Duplexes

Real Estate Investment - Fountainview, Houston, Texas

 Fountainview Cash-Flow Duplex

DealGrader Score = 8.6

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Houston, TX, known as "the center of the country's energy industry" is poised for strong growth due to the expansion of the energy sector.  Employment and population growth rates in Houston are expected to outpace that of the rest of the United States.

With positive cash flow, Fountainview offers an attractive investment alternative to depreciating and non-cash flow properties in many other major metropolitan areas.  In addition, cash back and other buyer incentives at closing provide additional security and return potential.

Fountainview is offered for sale with upgraded exteriors (upgraded interior features on limited availability). With occupancy at historical rates of 90%-95%, many units can be delivered with tenants in place at closing.

   
Investment Strategy:Buy & Hold
 Location:Houston, Texas
 Property Type:Duplex (2 bed, 1 bath)
 Transaction type:Resale
 Market Value:$155,000
 Purchase Price:$135,900
 Instant Equity:$34,100  (22.0%)
 Cash Flow:$4,309  (year 1)
 Capitalization Rate:7.8%  (year 1)
   
   
Purchase with only a $15,000 down-payment and no PMI.
Strong emerging economy.
"The center of the country's energy industry."
Fully upgraded exteriors. Low maintenance.
Purchase prices ranging from $135,900.
Turn-key investment: Tenant occupied with positive cash-flow.
Only 30 minutes to downtown Houston.
Excellent location: 10 minutes from George Bush International.
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