EaDo Edge in Houston

Name: Sales in EaDo Edge started!
Start: 2020-08-06T08:04:22.441640+00:00
End: 2023-12-31T23:59:59+0000
Location: EaDo Edge

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Project info

Object ID: 8459

Finished at	December 2019
Price, m²	From 2800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 130.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	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

364,000$

Net profit

9,376$

Payback period

31.0 years

Avg property value increase per year

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About the project

Located east of Downtown Houston and south of Interstate 10, North EaDo is within walking distance to bike trails along Buffalo Bayou and minutes away from main establishments such as Discovery Green Park, Minute Maid Park (Astros), the George R. Brown Convention Center, the Toyota Center (Rockets), the Houston Pavilions, and The Shops at Houston Center. Restaurants, cafes, and retail stores are in abundance too. East Downtown is a fast-growing Houston neighborhood nestled within one of the more exciting sections of the city. The North EaDo Houston location allows its residents to live comfortably close to both the workplace and various entertainment options.