SUBMIT Proof Of Funds FOR ACCESS INVITATION
$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 | |