SUBMIT Proof Of Funds FOR ACCESS INVITATION
$130,000 ARV
$1,295/Month Rent
DO NOT DISTURB RESIDENT
About Repairs: Needs New Roof, Paint Interior and Exterior
How to Access Property: Buyer ACCESS By INVITATION Only Must Submit Proof of Funds. DO NOT DISTURB.
Miscellaneous: Never flooded, No known Foundation Issues
Buyer pays all closing costs except 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 – 11222 Dalebrook Dr, Houston, TX 77016, USA
**WARNING ALWAYS CALL TO CONFIRM** FIDELITY NATIONAL TITLE – CLICK HERE FOR WIRE INSTRUCTIONS
| Rental | ||
|
Temp to Perm Refinance
|
||
| Gains and returns | ||
| Equity Capture Gain | $25,000.00 | |
| Projected Cash Flow Per Year | $7,032.00 | |
| Return on Capital by Equity | 175% | |
| Cash on Cash Returns | 49.3% | |
| Cash flow | ||
| monthly rent | $1,295.00 | |
| refi note payment | $484.14 | |
| 2nd Lien note Payment | $0.00 | |
| property tax | $152.00 | |
| property ins+HOA | $72.92 | |
| Property Management Fee | $0.00 | |
| Passive Net Cash Flow | $585.95 | |
| Self-Managed Net Cash Flow | $585.95 | |
| Cash out of pocket | ||
| hard-money cash to close | $16,747.00 | |
| hard-money holding cost | $1,609.25 | |
| refi cash to close | $0.00 | |
| 2nd Lien Financing | $0.00 | |
| refi cash back at closing | -$4,094.50 | |
| TOTAL | $14,261.75 | |