Likely sold or withdrawnWe last saw this listing 46 days ago. It may no longer be available — treat these numbers as a reference and confirm with the listing agent before acting.
Monthly profit
+$608/mo
Cash needed
$52K
Return after costs
13.9%
Cash return
13.9%
↓ PRICE CUT ×1 −13%
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2 BED TOWNHOUSEListed 198d ago
You'd make about $608 a month, and it holds up.
The rent is our own estimate — worth checking against two or three real local lettings. An empty month costs you 2 months of it, so there is room for things to go wrong. It has been listed 198 days without selling, which is your argument for offering less.
2822 S Bartell Dr APT 38, Houston, TX 77054 · 1,087 sqft · $55/sqft
No rent data on file — verify locally before offering.
Why it works
Monthly profit +$608/mo from completion — the no.1 reason to invest
This is the money left after the mortgage, the running costs and tax — not the rent.It assumes the rent we modelled and the empty weeks we assumed. Change either and it moves. Try your own numbers →
Stress Rent-covers-mortgage check PASS at 6.5% rate stress — lender-friendly
Lenders test the rent against a stressed rate, not the one you are quoted. This clears it.The cover level is each lender’s own policy, not law — treat it as the shape of the test. See the lender's view →
Why to be cautious
No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.
Property research tool — not a regulated financial service. Numbers are point-in-time estimates; how we decide →
What-if calculator
Edit any input — outputs recalc live
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer ($)
Monthly rent ($)
Local comp range: $1,259–$1,570/mo · n=19
Financing
DepositYour cash in — the rest is the mortgage25% · $15,000
5%100% (cash buy)
Standard 75% LTV for rental
Mortgage rate5y fixed7.00%
3.00%9.00%
5-year fixed (market average) — 7.00% (as of 2026-05).
Mortgage term (years)
Stress rate8.0%
5.0%9.0%
Fed base + 2pp stress (8.0%)
Acquisition costs
Refurb ($)
Capped at 60% of $60,000 asking ($36,000). Raw model: $58,085–$108,835. Verify with a surveyor before offering.
Legal + survey ($)
Standard house — $1,100 legal + $600 survey
Mortgage fees ($)
2% product fee on $45,000 loan + $1,000 booking fee
Running costs
Management10%
0%20%
Typical rental agency rate
Void weeks
Typical voids for rental
Insurance ($/mo)
Typical building+landlord cover for sub-$200K
Maintenance ($/mo)
Default $67/mo — type unknown
Result · Rent it out
Monthly profit
+$608
after mortgage, operating costs & tax
Rent in$1,406/mo
$1,352Collected
$1,352/mo actually reaches you — the other $54 is lost to voids: the weeks a rental sits empty between tenants, when no rent comes in.
Where it goes
$299Mortgage$499Costs$608Your profit
$608/mo left as profit · 45% of rent kept
Mortgage$299
Costs$499
Management$141
Maintenance$67
Insurance$20
CapEx reserve$70
Voids + council tax$5
Ltd co. accounts$104
Tax—
Profit+$608
Returns
Return before costson price28.12%
Cash returnon cash13.93%
Gross margin$853
Cash needed$52,350
Monthly profit payback7y 3m
Data confidence
One card is deliberately absent.Renting it by the room — Only 2 bed — too small for an HMO (3+ unrelated tenants from 2+ households) without major reconfiguration.
Ready to move on this deal?
Generates an offer pack with your numbers & sources — take it to the agent.