12203 Northcliffe Manor Dr

Houston, TX 77066
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3 bd, 2 ba | 1,563 sqft | Built in 1980

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For Sale

Exclusive

List Price
$180,000

Initial Investment

$49,050
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

03/15/2022

Lease End

03/31/2023

Lot Size

7,250

HOA

None

Flood Risk

Not Required

  • Below current market rent
  • Located in a cul-de-sac in a great neighborhood and school district for rental demand and market appreciation
  • Fully painted on the inside (all rooms and kitchen). New blinds, new floors in the bedrooms. New fridge
  • Hard surface throughout and tenant resilient
  • Fully fenced and brick siding
  • Open living room with nice fireplace
See more in Analysis

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Annual Financial Highlights

Expected Rent

$14,763

Expenses

-$4,090

Property Taxes

-$4,300

Loan Payments

-$9,786

Net Cash Flow

-$3,413

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

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

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