Cedar Brook in Houston

Name: Sales in Cedar Brook started!
Start: 2020-08-05T12:38:34.415102+00:00
End: 2023-12-31T23:59:59+0000
Location: Cedar Brook

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Project info

Object ID: 8443

Finished at	December 2020
Price, m²	From 2120$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 140.00 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

296,800$

Net profit

9,376$

Payback period

25.2 years

Avg property value increase per year

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Promos and discounts for Cedar Brook

About the project

Easy access to I-10, Beltway 8 and Hwy. 290 Conveniently located near downtown Houston and the Energy Corridor Gated community Near shopping and entertainment at CITYCENTRE and Marq E Entertainment Center Close proximity to Moritz Pech Family Park and Bear Creek Pioneers Park

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