---
title: "1005 20th St, Hempstead, TX 77445: DSCR and rental numbers | DSCR Labs"
description: "Hempstead rental numbers: rent about $1,950 a month, DSCR 1.39 at 25% down, taxes 2.24% a year. A free Greater Houston DSCR Snapshot, updated Oct 28, 2026."
url: https://dscrlabs.com/calculator/tx/hempstead/1005-20th-st-77445/tufmakrq
---

# 1005 20th St, Hempstead, TX 77445

For sale at $259,900. 4 bedrooms, 2 bathrooms, 1,661 sq ft, built 2025. Updated Oct 28, 2026.

## Summary

At the starting numbers, this home is a possible fit for a DSCR loan, with trade-offs. You would put in about $50,600 to close and fix it up, so the return on your cash is middling at 5.1% a year. Most lenders would still make the loan on good terms, and the rent covers the payment 1.39 times.

For the numbers to work, you would need to get this home for $145,000, which the seller is unlikely to accept. Rents in Greater Houston have been flat, so the numbers assume 8% vacancy and no rent growth. Before you make an offer, get a real landlord insurance quote and a lender term sheet to firm up these estimates.

## The numbers at the default assumptions

With 25% down and the estimated rate. Try your own numbers on the page.

| | |
| --- | ---: |
| Price | $145,000 (the highest price where the numbers work) |
| Down payment | 25% ($36,250) |
| Renovation budget | $10,000 (paid in cash) |
| Interest rate (estimate) | 7.24% |
| Monthly payment (PITIA) | $1,400 |
| Principal and interest | $741 |
| Property taxes | $461 |
| Insurance | $197 |
| HOA dues | $0 |
| Rent (estimate) | $1,950 (likely $1,690 to $2,210, from 15 rentals) |
| DSCR | 1.39 (the rent covers the payment 1.39 times) |
| Monthly cash flow | $215 |
| Cash to close | $50,600 |
| Cash-on-cash return | 5.1% |

## Taxes

Combined tax rate 2.24% a year (2026 rates). It uses no homestead exemption, because that ends when a home sells.

## Flood and insurance

FEMA flood zone X. Insurance estimate: $1,775 to $2,959 a year.

## Before you rely on these numbers

- Every number here is an estimate. Before you make an offer, get a lender’s quote, an insurance quote, and a recent lease nearby to check the rent.
- Property taxes reset after a purchase. The seller’s exemptions and caps don’t transfer, and the taxable value moves toward your price.
- Get a real landlord insurance quote. Prices vary a lot by ZIP code, roof age and flood zone.
- Check the rent against a recent lease nearby. Lenders use the lower of your signed lease and the appraiser’s rent estimate.
- Texas doesn’t make sale prices public, so every home value estimate here is rough. Ask an agent for recent sales nearby before you make an offer.

## Sources

U.S. Census Bureau, county tax records, FEMA’s flood map, the Texas Department of Insurance and RentCast. See how we make these reports: https://dscrlabs.com/calculator/methodology.md

Try your own price, down payment and rent on the report page: https://dscrlabs.com/calculator/tx/hempstead/1005-20th-st-77445/tufmakrq

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[Greater Houston DSCR Calculator](https://dscrlabs.com/) by [DSCR Labs](https://dscrlabs.com/). This is an estimate, not a loan approval.