Ferry Rd – Baytown Assigned

  • $63000
  • 3 beds
  • 1 baths
  • 1500 sqft

SUBMIT Proof Of Funds FOR ACCESS INVITATION

Qualified Buyer for Showing Form

Qualified Buyer for Showing Form
  • We do not entertain offers without Proof of Funds. Once you submit your Proof of Funds we save it in your file and you can have early access. If you are an agent or wholesaler Click Here for Our Process: https://www.loom.com/share/04972a4f7bc4404bb4dd9acf81695754?sharedAppSource=personal_library
  • This field is for validation purposes and should be left unchanged.

$118,000 ARV – Best Comp -2815 Ferry Rd Baytown 77520 Sold for $120k MLS 34055332

$1,050.00/Month Rent

DO NOT DISTURB RESIDENT

About Repairs: There was a bathroom leak. Flooring and cosmetics along with Central AC for maximum retail value.

How to Access Property: Buyer ACCESS By INVITATION Only Must Submit Proof of Funds. DO NOT DISTURB.

Miscellaneous: Never flooded, Roof in great condition, the kitchen was recently updated.

The 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.

**WARNING ALWAYS CALL TO CONFIRM** FIDELITY NATIONAL TITLE – CLICK HERE FOR WIRE INSTRUCTIONS

Asset Bucket
Rental
Temp to Perm Refinance
Gains and returns
Equity Capture Gain $30,000.00
Projected Cash Flow Per Year $4,308.00
Return on Capital by Equity 472%
Cash on Cash Returns 67.8%
Cash flow
monthly rent $1,050.00
refi note payment $439.45
2nd Lien note Payment $0.00
property tax $167.75
property ins+HOA $83.33
Property Management Fee $0.00
Passive Net Cash Flow $359.47
Self-Managed Net Cash Flow $359.47
Cash out of pocket
hard-money cash to close $7,979.00
hard-money holding cost $1,726.95
refi cash to close $0.00
2nd Lien Financing $0.00
refi cash back at closing -$3,349.50
TOTAL $6,356.45
Price:
$63000
Address:
3114 Ferry Rd
Baytown, TX 77520
Square Feet:
1500
Lot Size:
12632 sqft
Bedrooms:
3
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1950
Basement:
n/a
Const. Type:
Siding
MLS #:
Off Market

Additional Features

The garage was converted this is why the square footage is bigger.

Call 832-495-4522 for more details

Property Location