8611 Malardcrest Dr, Humble, TX 77346

This 4 bedroom / 2.5 bathroom property makes sense for any investor, even in today's changing real estate market. A perfect location for urban convenience and quiet life in one of the most exclusive areas in Humble/Atascocita!

Property will be Vacant at closing, contact Dispo Manager for viewing options. PLEASE DO NOT DISTURB THE SELLER.

Deal Takeaways:

Flooring needs touch-up

The roof is 8 yo and it has the original HVAC

Right by Lake Houston

Tight-knit & friendly community

Located amongst the natural beauty of numerous hiking trails and parks

<10 Mins away from Atascocita Town Center

<10 Mins away from HEB, Walgreens & Walmart

Financials:

ARV: $465,000

Purchase Price: $309,500

Profit Details:

$465,000 ARV

(*) 94% for sale commissions

(-) $309,500 purchase price

(-) $20,000 rehab budget

(-) $10,000 closing / holding cost

(=) $77,600 profit

Rental Profit Details:

$1,907 monthly market rent

(-) $243 monthly tax

(-) $159 monthly insurance

(-) $190 property management

(-) $190 allocation for repairs, vacancy, etc

(=) $1,125 net monthly cash flow

Property Details:

2000 Year Built

3,865 Home Square Feet

7,701 Square Feet Lot Size