🔥 SUB-TO/SELLER FINANCE WRAP IN EL PASO, TX🤑

El Paso County, El Paso, TX, 79928
Sold
Listed at: March 21st, 2024
Price
$42,500
ARV
$330,000
Gross Margin
$287,500
Sq. Footage
2402
Type
Single-Family
Parking
Driveway
Year build
2020
Lot size
5227.00 sqft
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

12587 Barbaro Way, El Paso, TX 79928
4 Bed, 3 Bath
2,402 Sq Ft
BUILT IN 2020

Tenant Occupied already so you can cash flow from day one!
NO HOA, NO RENTAL RESTRICTIONS - AIRBNB OKAY

Monthly Mortgage Payment (PITI) = $1,248.19/mo (Mortgage Balance of $233,076.26)
Seller Finance Note = $477.40/mo ($57,000 financed on equity to seller for 120 months payment of $477.40 with a 5 year "balloon"  of $28,571.12)


TOTAL Monthly Payment = $1,752.59/mo

Current Tenant Monthly Rent (until Feb 2025) = $2,100/mo

Monthly Cash Flow = $374.41/mo

 

CALL OR TEXT ED FOR MORE INFO: 702-235-2445
Proof of Funds needed for Walkthrough

HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. Deal Flow Today either owns or has equitable contractual interest in the property. The above marketing piece is referencing the equitable interest/option in the subject property, and recipients of this email are fully aware that the sellers' "equitable interest and contractual obligations" are what is being offered. Cash or hard money ONLY. Buyer is not relying on any representations, whether written or oral, regarding the property above. A minimum $5000.00 non-refundable deposit is due with contract acceptance. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED IN WRITING BY BOTH PARTIES. NO INSPECTION PERIODS. Buyer to do their own due diligence prior to the seller accepting an offer. Sight unseen offer will require a sight unseen addendum to be executed prior to the acceptance of an offer.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Edward Hayes

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Disposition manager