Excellent purchase in this upcoming area! Huge cashflow!
37.3 % Cash on Cash Return for a Rental Model!
We estimate repairs to range between $30k to $37k.
Call Johell at 281-972-6550 if interested for access.
First one to provide certified funds of $5k payable to Texas American title secures the deal!
ARV Sales Comps: $124,537
|AVE Result||PREMISE LEVEL. Excellent|
Rental Comps: $1,267
|PREMISE LEVEL. Excellent|
|Temp to Perm Refinance|
|Gains and returns|
|Unrealized capital gain||3,605|
|annual cash flow||6,684|
|return on capital gain||20%|
|refi note payment||566|
|89 per Month plus 1st Month Rent Prorrated||0|
|Passive Net Cash Flow||557|
|Cash out of pocket|
|hard-money cash to close||12,917|
|hard-money holding cost||1,868|
|refi cash to close||3,146|
|TOTAL Out Of Pocket||17,932|
Buyer Pays All Closing Costs. Please perform your own due diligence.
First $5,000 Non-Refundable EM secures the property payable to Texas American Title.
Agents bring your buyers and add your commissions on top.
We are not brokers but principals through a purchase contract looking to assign equitable interest in the transaction.
Is this deal for you? … Secure it in 5 easy steps.
Step 1: Complete your own desktop due diligence after reviewing all the information provided and gathered.
Step 2: Obtain Proof of Funds statement from your Cash Account, Private Lender or Hard Money Lender.
Step 3: Obtain your Certified Funds $5,000 Non-Refundable Earnest money made payable to Texas American Title. We will not sign a Sales Agreement without earnest money.
Step 4: Submit the “Qualified Buyer for Showing” form below so that we can notify you of the showing. We will only entertain buyers with submitted form.
Step 5: View property, estimate your own repair costs, make your best offer and secure the deal!