The project 21143 Waze Lewis Dr, New Caney, TX 77357 by Realt

Review of the project 21143 Waze Lewis Dr, New Caney, TX 77357 by Realt

Review's score :

Score details

To assign the grades A and E, we use a Bonus/Malus system.
⚠️ Some criteria may be missing in the detailed list below.
⚠️ The scoring model is not suitable for all types of projects.
The total points for this project is 7

Criteria	Points
mortgage coverage	∅
optimistic scenario margin	∅
pre-commercialization	∅
track record	🟩🟩
location	🟩
in the vicinity	🟩
yield	🟥
LTA	🟩
LTS	🟩
operator commitment	∅
sales price	🟩
permanent loss	∅
late projects	∅
price trend	∅
urban planning risk	🟩
debt to equity	∅
debt to asset	∅

This review is proposed by Grégory Vaur on 01/11/2024

⏰ The project starts on 01/11/2024 16h00
💰 The estimated rate of return is 7.13% per year.
⏱ The duration of the project is ∞
💼 Minimum amount to invest is 50$

🤖 Review's summary

Analysis of Project 21143 Waze Lewis Dr, New Caney, TX 77357

Analysis of Project 21143 Waze Lewis Dr, New Caney, TX 77357 by Realt analyzed by Grégory Vaur

Project Details

Type of project: Rental investment

Total amount to finance: $295,602 USD

Capital repayment: In fine, interests: 1w

Property Description

The project involves purchasing a recently built (2020) Class A house with approximately 202 sqm, 4 bedrooms, 3 bathrooms, air conditioning, backyard, and 3 parking spaces.

Location

New Caney, TX: A city of around 30,000 residents, located about 61 km from downtown Houston and 26 km from Cleveland.

Evaluation

Overall assessment: Return of 7.13%, above-average rental price, high climate risk, low to medium crime rate.

Key Points

Rental return of 7.13% - good
Below the average return of recent projects
Rent start day on February 1, 2025
Class A house built in 2020
Current status: Unoccupied
Tenant quality: Not receiving social assistance
Acquisition at $254.5k
Rental above estimates
Nearby amenities: grocery stores, restaurants, leisure center
2% budget for renovations
High climate risk score (8/10)
Located in a well-maintained new neighborhood
Low to medium crime rate
Risk of vacancy upon tenant departure

Bonus

For investments over $300:

Free access to the Vivre du Crowdfunding training
1-year access to the Private Investors Objective-Renta Club

Click here for more details and to invest!

Historial rates of return Realt

Investor votes results for the project: 21143 Waze Lewis Dr, New Caney, TX 77357

30 voters
👎47% 👍23% 🤷7% 🏳️23%
To vote :

Grégory Vaur
Grégory, I am 26 years old and have been an investor in real estate crowdfunding, stock markets and crowd-lending for around 1 year. I trained myself by watching videos on these subjects. I am currently registered on the first brick, Clubfunding, Raizers...