Reserve at Clear Lake City in Houston

Name: Sales in Reserve at Clear Lake City started!
Start: 2020-08-06T06:53:38.424986+00:00
End: 2023-12-31T23:59:59+0000
Location: Reserve at Clear Lake City

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Project info

Object ID: 8448

Finished at	December 2017
Price, m²	From 1760$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 300.00 m²
Floors	2
Apartments	46
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

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

528,000$

Net profit

9,376$

Payback period

44.9 years

Avg property value increase per year

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About the project

If you've been looking for your luxury dream home, then look no further than Village Builders' Classic, Kingston and Wentworth Collections. These collections of homes are absolutely stunning, with luxury features such as a dramatic spiral staircase, a handy butler's pantry, a formal dining room where you can entertain in elegance, a gourmet island kitchen to inspire the chef in you, plus a variety of wonderful and unique additional optional plan features. We invite you to visit the Welcome Home Center, where our knowledgeable New Home Consultants are ready to help you discover your new luxury dream home today!