RoseGarden Pending

  • $129995.00
  • 4 beds
  • 2.5 baths
  • 2250 sqft

SUBMIT Proof Of Funds FOR ACCESS INVITATION

Qualified Buyer for Showing Form

Qualified Buyer for Showing Form
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$218,000 ARV

$1,850.00/Month Rent

DO NOT DISTURB RESIDENT

About Repairs: Suggest replacing roof. Upstairs bathroom had a leak behind wall which will need to be addressed. It will need paint inside and our for a fresh coat.

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

Miscellaneous: Never flooded and HVAC in great condition.

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 Comparables.

Comparative Market Analysis – 8611 Rose Garden Dr, Houston, TX 77083,

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

Rental
Temp to Perm Refinance
Gains and returns
Equity Capture Gain $50,005.00
Projected Cash Flow Per Year $6,180.00
Return on Capital by Equity 323%
Cash on Cash Returns 39.9%
Cash flow
monthly rent $1,850.00
refi note payment $800.69
2nd Lien note Payment $0.00
property tax $418.00
property ins+HOA $116.67
Property Management Fee $0.00
Passive Net Cash Flow $514.64
Self-Managed Net Cash Flow $514.64
Cash out of pocket
hard-money cash to close $18,432.00
hard-money holding cost $3,441.25
refi cash to close $0.00
2nd Lien Financing $0.00
refi cash back at closing -$6,401.00
TOTAL $15,472.25
Price:
$129995.00
Address:
8611 Rose Garden Dr
Houston, TX 77083
Square Feet:
2250
Lot Size:
6720
Bedrooms:
4
Bathrooms:
2.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1992
Basement:
N/A
Const. Type:
Brick
MLS #:
N/A - Off Market

Call 832-495-4522 for more details

Property Location