11107 Almond Grv Humble, TX 77396
3bd, 2ba | 1,416sqft | Built in 1983
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Initial Investment
$134,079
List Price: $131,900
Purchase Price
$131,900
Down Payment
100%
Rent
$1,324

Total Return
$56,222
Annualized Return
7.9%
Cap Rate
5.3%
Gross Yield
12.0%
Cash Flow
$6,269
Appreciation
4.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
09/01/2018 
Lease End
09/14/2019 
Lot Size
6,300 
HOA
$29/mo
Flood Risk
Not Required

  • Recently remodeled home with large patio in desirable area
  • Close to Lake Houston, recreation, multiple parks, commute routes

Buy It Now: Offers at list price include an American Home Shield home warranty.

Annual Financial Highlight
Expected Rent
$15,094
Expenses
-$5,124
Property Taxes
-$3,700
Loan Payments
$0

Net Cash Flow
$6,269
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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