4027 PORTSMOUTH AVE

4,450 SF

4.5

2024

CAP RATE
{{ percent(capRate, 1) }}

ROI
{{ percent(CoC, 1) }}

Property Value

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.

Calculator Running

4027 PORTSMOUTH AVE HOUSTON, TX 77027

4,450 SF

4.5

2024

Weslayan Plaza

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, '-') }}

Hold Period

Auto

AUTO

CAP RATE

ROI

Calculator Mode:

Property Type:

Rental Type:

Tenant Occupied
{{ propertyStore?.property?.mlsSource?.status }}

Custom Edits

Total Investment Initial Investment

Current Equity

Down Payment

{{ number(downpaymentWhole) }} %

Flip Only

Cash Required

Net Profit

BRRRR

Net Investment

10-Year Net Gain

Please review and edit this property's Financial History to continue.

Property Description Source: Congress Realty, Inc.

The "Villa at Portsmouth" is a brand new Mediterranean style villa located in heart of the city, close to the Galleria and Highland Village. The front door is a double door made of wrought iron with design taken from an ancient fort in Qatar. The foyer has high ceiling with chandeliers that are adorned with genuine Austrian Swarovski crystals. The Villa has 4 bedrooms, that include a separate master bedroom with master bathroom downstairs and upstairs. The Villa has 4 full bathrooms with Quartzite countertops. The shower walls in the master bathrooms are lined with Italian porcelain slabs. The downstairs has Italian marble floors and the upstairs has red oak stained hardwood floors. The Villa includes a study and an entertainment/media room. The Villa is adorned with chandeliers in the foyer, over the staircase, kitchen and master bedrooms. The chandeliers have genuine Swarovski crystals. The Villa has abundant natural light with numerous exterior windows and wood framed glass doors.

Virtual Tour Link

Listing Agent: Jared English
Agent Office: 888-881-4118
Broker: Congress Realty, Inc.

Houston Association of Realtors

	List Price:	$1,995,000
	List date:	09/03/2024
	Days on Rescover:	125
	MLS Source:	HAR
	MLS Number:	76758005
	MLS Data Sync:	1/6/2025 9:09 AM CST

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.