Investorlift

$110,000 · HOUSTON, TX 77021
Works for flippers · Works for landlords

Available

$110,000Asking price

3 bd · 1 ba · 1,237 sq ft · built 1950

HOUSTON, TX 77021

Contract on file

via InvestorLift Classic

4 views · listed Nov 3

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $220,000
Asking price: −$110,000
RepairsMiddle of the seller’s $35,000 – $50,000. Ours: $36,000 – $65,000: −$42,500
Loan, holding, closing20% down, 12% interest, 2 points, 77 days: −$13,888
Profit24.4% of ARV · flippers want 10%+: $53,612
Works

Works for a flipper up to $139,000.

GLO PROPERTIES

Alexandria Boxie

No reviews yet

Comps

Sales

Rents

ARV $220,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

GLO PROPERTIES

Alexandria Boxie

No reviews yet

Seller Description

Property Details :

-3 beds/ 1 bath

-1,237 sq ft

-6,695 lot

-Attached garage that can be converted

-Unrestricted area

-Year Built: 1950

Condition :

-Needs a new roof

-Needs foundation work

-Property needs cosmetic updates and repairs internally and externally

Status:

-Tenant occupied. Please contact Alexandria at 832-266-1961 for a showing.

Point of Interest:

7 mins from University of Houston-Main Campus
12 mins from Downtown Houston
18 mins from Hobby Airport

-Starting Price: 110K

-ARV: 220K

Terms:

Cash or Hard Money Only

5,000 Non-refundable deposit

600 Administration/Coordination fee will be added to buy price

Property to be sold AS-IS

Buyer pays ALL closing costs

No option period will be granted

Agents / Wholesalers will need to add their fees to your offer

More About This Property

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Nearby Markets12 cities · 8 counties · 12 ZIP codes

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ARV $220,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $276,000.

The sales behind this value are shown to members.

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Investorlift
TX
Houston
77021
HOUSTON, TX 77021

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