Houston Area Subject To Deal Ready for Assignment!! 🔥🔥🔥

SERIOUS BUYERS ONLY!NO HOA = No Rental Restrictions!!

IDEAL FOR Co-living/Padsplit‼️

8+ Rooms - Reno cost Approx. $35k

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1806 Clayton Dr, Baytown, TX 77520 🏡

4 Beds 2 bath 2400 Sq Ft

Year Built 1957

 

Purchase Price - $226,000 (including assignment fee)

Mtg balance: $201,100.09

PITI: $2,203.61 (PI-$1,186.98 | TI-$1,016.63)

Interest Rate: 5.625%

COE: 12/28/24

 

Entry Fee: $30,794.50

(including cash to seller, agent's comm, and assignment fee) + CC + TC fee

⭐ Cash to seller: $5,000

⭐ Assignment fee: $12,000.00

⭐ Agent's comm: $6,000

⭐ Arrears: $6,794.50

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💵 LTR: $2,300 - $2,500 (ave. based from the comps)

💵 MTR: $3500 (ave based from the comps)

💵 STR: $213 (ave daily rate)

💸Cash flow on MTR | STR | Co-living | Padsplit | Wrap

💵 Exits: Wrap, Co-living/Padsplit, Lease option, MTR, STR

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Buyers please do your due diligence.