Corpus Christi SUB TO Opportunity with 20% Cash on Cash Return!

Nueces County, Corpus Christi, TX, 78415
Sold
Listed at: January 19th, 2024
Price
$30,000
ARV
$150,000
Gross Margin
$120,000
Sq. Footage
946
Type
Single-Family
Parking
Carport
Year build
1952
Lot size
0.18 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Off market property in Corpus Christi. This home is newly updated and has reroute on plumbing done. It has big backyard, is near to great schools and close to shopping. Only needs cosmetics; in overall good shape. Tenant Ready! Won't Last Long! Cash or Hard Money.

This property is being sold via assignment of contract and is first come first served with $30,000 as entry cost. The remaining principal balance of the existing mortgage is to be assumed by the buyer: $70,000 at 4% (4% Interest Rate Sub To Available).

  • Rent: $1,200/m
  • Mortgage (PITI): $670.44/m
  • Cash Flow: $500/m!!!
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jesse Nguyen

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Disposition manager