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Cypress Creek Landing in Houston

Name: Sales in Cypress Creek Landing started!
Start: 2020-08-05T11:47:07.241271+00:00
End: 2023-12-31T23:59:59+0000
Location: Cypress Creek Landing

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Project info

Object ID: 8438

Finished at	March 2020
Price, m²	From 1270$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 150.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

190,500$

Net profit

9,376$

Payback period

16.2 years

Avg property value increase per year

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Promos and discounts for Cypress Creek Landing

About the project

* Easy access to Beltway 8, Hwy. 249 and I-45; convenient to downtown Houston * Zoned for highly rated Spring Independent School District * Minutes to Collins Park, which offers baseball and softball fields, playgrounds, nature trails, a basketball pavilion and skate park * Shopping and entertainment nearby at Willowbrook Mall and Champions Forest Plaza * Planned amenities to include a park, playground, open air pavilion and walking trails * Close proximity to George Bush Intercontinental Airport

Developer

KB Home is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. T…
Details about KB Home