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
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$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