9127 Autumn Harvest Dr Houston, TX 77064

This 1982 built, 3 bed / 2 bath SFH in Houston, TX makes sense for any rental investor, even in today's changing real estate market. Prime location in Houston, and great Flip/BRRRR opportunity!

Property is Vacant, contact Dispo Manager for access code.

Deal Takeaways:

Fire in the attic, interior has smoke damage

Fantastic location for a rental or flip property (low DOM)

Newer HVAC (4 years old)

Attic and roof need rehab/replacement

Interior of the house did not catch fire

Location Details: 

Amazon Flex Warehouse (5 mins away)

UPS Center (6 mins away)

FedEx Center (8 mins away)

Willowbrook Mall (8 mins away)

HEB (9 mins away)

Jersey Meadow Golf Course (12 mins away)

Sam's Club (12 mins away)

Financials:

ARV: $215,000

Purchase Price: $94,000

Profit Details:

$215,000 ARV

(*) 94% for sale commissions

(-) $94,000 purchase price

(-) $50,000 rehab budget

(-) $5,000 closing / holding cost

(=) $53,100 profit

Rental Profit Details:

$1,800 monthly market rents

(-) $100 monthly tax

(-) $110 monthly insurance

(-) $180 property management

(-) $180 allocation for repairs, vacancy, etc

(=) $1,230 net monthly cash flow

Property Details:

3 Beds / 2 Bath

1982 Year Build

1,048 Home Square Feet

5,085 Lot Size

July 31st, 2023 Closing

Vacant at close

Foundation appears level