1011 Studemont in Houston

Name: 📣 300$ — discount certificate
Start: 2020-08-03T11:37:08.513425+00:00
End: 2023-12-31T23:59:59+0000
Location: 1011 Studemont

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Project info

Object ID: 8384

Finished at	September 2016
Price, m²	From 3030$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	4
Apartments	24
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

90,900$

Net profit

5,906$

Payback period

11.2 years

Avg property value increase per year

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About the project

1011 Studemont is a new residence with an ideal location designed for buyers who desire the convenience of condominium living. Live only minutes from Downtown in the heart of the Washington Corridor, close to Eleanor Tinsley and Buffalo Bayou Parks. Own a home at 1011 Studemont - the perfect place to call your own and to start life in town.