6914 Pinetex Dr Humble Tx 77396 Assigned

  • $86000
  • 4 beds
  • 2 baths
  • 1252 sqft

SUBMIT Proof Of Funds FOR ACCESS INVITATION

Qualified Buyer for Showing Form

Qualified Buyer for Showing Form
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$139,000 ARV

$1,335/Month Rent

About Repairs: Needs New Roof, Update Kitchen, Update Flooring, Paint Interior and Exterior, Minor Landscape

How to Access Property: Buyer ACCESS By INVITATION Only Must Submit Proof of Funds

Miscellaneous: Never flooded, Bathroom recently update, No known Foundation Issues

Buyer pays all closing costs excepta taxes or liens. Please perform your own due diligence.

$5k Cashiers Check to Fidelity National Title Agency Inc secures the deal along with sales agreement.

See attached MLS Comparables.

CMA 6914 Pinetex Humble Texas

Rental
Temp to Perm Refinance
Gains and returns
Equity Capture Gain $27,960.00
Projected Cash Flow Per Year $6,156.00
Return on Capital by Equity 193%
Cash on Cash Returns 42.4%
Cash flow
monthly rent $1,335.00
refi note payment $517.66
2nd Lien note Payment $0.00
property tax $221.42
property ins+HOA $83.33
Property Management Fee $0.00
Passive Net Cash Flow $512.59
Self-Managed Net Cash Flow $512.59
Cash out of pocket
hard-money cash to close $16,613.00
hard-money holding cost $1,963.10
refi cash to close $0.00
2nd Lien Financing $0.00
refi cash back at closing -$4,056.50
TOTAL $14,519.60
Price:
$86000
Address:
6914 Pinetex Dr
Humble, Texas 77396
Square Feet:
1252
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1964
MLS #:
N/A - Off Market

Call 832-495-4522 for more details

Property Location