Property Report :

3519 Sam Houston Dr, Sugar Land, TX 77479

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Real Estate Analysis

Created on: Apr 15, 2025

Author: Jeff Wiley

3519 Sam Houston Dr, Sugar Land, TX 77479

Singlefamily: 3 bedrooms , 2 bathrooms

Year built: 1983, Size: 1263 SF

Investment strategy: Rental Property

Purchase Price$ 209,000

Rent$ 1,700/mo

Monthly Cash Flow$ -44

Cash on Cash Return-0.83 %

Financial Analysis

Cash on Cash Return	-0.83 %
Internal Rate of Return (IRR)	9.48 %
Capitalization Rate	4.95 %
Gross Rent Multiplier (GRM)	10.25
Debt-coverage Ratio (DCR)	0.95
Operating Expense Ratio (OER)	46.64 %

Financial Breakdown

Purchase Price	$ 209,000
Purchase Costs	$ 1,000
Repair/Construction Costs	$ 0
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 210,000
Financing	$ 146,300
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 63,700
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 62,700
Cash During Rehab Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction. Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction.	$ 1,000

Operating Analysis

Rent	$ 1,700/mo
Gross Operating Income (GOI)	$ 19,380
Total Expenses	$ 9,038
Net Operating Income (NOI)	$ 10,342
Annual Debt Service	$ 10,871
Cash Flow Before Taxes (CFBT)	$ -529
Income Tax Liability	$ -466
Cash Flow After Taxes (CFAT)	$ -63

Purchase Price	$ 209,000
Address	3519 Sam Houston Dr , Sugar Land, 77479, TX
Year Built	1983
Type	Singlefamily
Size	1263 SF
Bedrooms	3
Bathrooms	2

Annual Property Operating Data

Incomes		% of GOI
Gross Scheduled Income Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents. Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents.	$ 20,400
Total Gross Income	$ 20,400
Vacancy loss Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants. Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants.	$ 1,020
Gross Operating Income Gross Operating Income (GOI) An actual income which is expected to be collected in the property. Gross Operating Income (GOI) An actual income which is expected to be collected in the property.	$ 19,380	100.00 %
Expenses Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation). Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation).
Property manager	$ 1,938	10.00 %
Utilities	$ 100	0.52 %
Insurance	$ 1,500	7.74 %
Repairs	$ 1,500	7.74 %
Property tax	$ 4,000	20.64 %
Total Expenses	$ 9,038	46.64 %
Net Operating Income Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses. Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses.	$ 10,342	53.36 %

Cash Flow (Year 1)

Net Operating Income	$ 10,342	53.36 %
Annual Debt Service	$ 10,871	56.10 %
Cash Flow Before Taxes (CFBT) Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ -529	-2.73 %
Income Tax Liability	$ -466	-2.40 %
Cash Flow After Taxes (CFAT) Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ -63	-0.33 %

Operating Ratios

Operating Expense Ratio Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI). Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI).	46.64 %
Break-Even Ratio Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less. Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less.	102.73 %

Year	0	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15	16	17	18	19	20
Operational Analysis
Gross Scheduled Income	0	20,400	20,808	21,224	21,649	22,082	22,523	22,974	23,433	23,902	24,380	24,867	25,365	25,872	26,390	26,917	27,456	28,005	28,565	29,136	29,719
Vacancy Loss	0	1,020	1,040	1,061	1,082	1,104	1,126	1,149	1,172	1,195	1,219	1,243	1,268	1,294	1,319	1,346	1,373	1,400	1,428	1,457	1,486
Gross Operating Income	0	19,380	19,768	20,163	20,566	20,978	21,397	21,825	22,262	22,707	23,161	23,624	24,097	24,579	25,070	25,572	26,083	26,605	27,137	27,679	28,233
Expenses	0	9,038	9,219	9,403	9,591	9,783	9,979	10,178	10,382	10,589	10,801	11,017	11,238	11,462	11,692	11,925	12,164	12,407	12,655	12,908	13,167
Net Operating Income	0	10,342	10,549	10,760	10,975	11,195	11,418	11,647	11,880	12,117	12,360	12,607	12,859	13,116	13,378	13,646	13,919	14,197	14,481	14,771	15,066
Loan Payment	0	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871	10,871
Payment Interest Part	0	6,126	5,920	5,706	5,482	5,248	5,005	4,750	4,485	4,208	3,920	3,618	3,304	2,976	2,634	2,277	1,905	1,516	1,111	688	246
Payment Principal Part	0	4,745	4,951	5,165	5,389	5,623	5,867	6,121	6,386	6,663	6,952	7,253	7,567	7,895	8,237	8,594	8,967	9,355	9,761	10,184	10,625
Cash Flow
Repairs/Construction	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-63,700	-529	-322	-111	104	323	547	775	1,008	1,246	1,488	1,736	1,988	2,245	2,507	2,775	3,048	3,326	3,610	3,900	4,195
Depreciation	0	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080	6,080
Taxes	0	-466	-363	-257	-147	-33	83	204	329	457	590	727	869	1,015	1,166	1,322	1,484	1,650	1,823	2,001	2,185
Cash Flow After Taxes	-63,700	-63	40	145	250	357	464	571	680	789	898	1,008	1,119	1,230	1,341	1,453	1,564	1,676	1,787	1,899	2,010

Note: All amounts in the table above are in $

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