SUBMIT Proof Of Funds FOR ACCESS INVITATION
$118,000 ARV – Best Comp -2815 Ferry Rd Baytown 77520 Sold for $120k MLS 34055332
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.
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%|
|refi note payment||$439.45|
|2nd Lien note Payment||$0.00|
|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|