2127 CASA RIO CIR

Blueprint1,871 SF
3
2.5
1975
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

{{ currency(propertyValue, 0, '-') }}

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}
PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}
You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.
Blueprint1,871 SF
3
2.5
1975
N/A
Casa Rio Condominiums
Proposed Cost {{currency(calcParams.purchaseprice)}}
Property Value {{ currency(propertyValue, 0, '-') }}
After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}
Total Monthly Rent {{ currency(unitsTotalRentalRate) }}
Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}
Rooms
Avg Weekly Rate
Rental Rate {{ currency(monthlyRental, 0, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: The Kordish Group

Water Front! Don’t miss out on this one-of-a-kind opportunity to live in the quaint Casa Rio Community overlooking the relaxing Dickinson Bayou! A lengthy bulkhead lined with lamp posts separates this adorable remodeled home from the breathtaking waterfront. Inside find open living equipped with luxury vinyl floors, a wood burning fireplace, bar and panoramic views from the floor to ceiling windows and double sliding doors. The kitchen will not disappoint with stainless steel appliances and granite countertops throughout. Upstairs you will find 3 sizable bedrooms and 2 updated bathrooms. The primary suite features an ensuite bathroom and a viewing nook that is perfect for watching the boats pass by. 2 balconies allow you to step outside and enjoy our amazing Texas weather. From taking a dip in the community pool to launching your boat from the private boat ramp to a short kayak trip to Marais for lunch, this property has a lot to offer! Never Flooded! HOA Includes Flood Insurance.

Virtual Tour Link
Avatar
Listing Agent: Steven Kordish
Agent Mobile: 281-536-8713
Broker: The Kordish Group
HAR
Houston Association of Realtors
List Price: $215,000
List date: 11/11/2024
Days on Rescover: 59
MLS Source: HAR
MLS Number: 81905465
MLS Data Sync: 1/9/2025 2:54 PM CST
MLS Disclaimer: All information is subject to change and should be independently verified. Copyright © 2022, HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved.
DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.

Offcanvas with body scrolling