📍ᗔ Conroe, TX 77303 | Subto / Entry $20k | 4.25% INT | MTG 272k

Montgomery County, Conroe, TX, 77303
Sold
Listed at: March 28th, 2024
Price
$20,000
Sq. Footage
1880
Type
Single-Family
Parking
Attached Garage
Year build
2021
Lot size
acres
Bedrooms
3
Bathrooms
2.5
Half Bathrooms
0
Summary

💥Attention Investors💥

📍 Conroe, TX 77303

SUBJECT2 DEAL IN CONROE TX

COE APRIL 8TH/2024

ᗔ LOW ENTRY FEE
ᗔTURNKEY READY
ᗔGREAT FLOOR PLAN FOR CO-LIVING

🏡 Property Details 

  • 3 bd
  • 2.5 ba
  • 1,880 sqft

PURE SUBTO DEAL

UNIQUE FACT: This beautifully architected home showcases an open concept where it is partitioned by arches and pillars that provide the perfect roadmap for a co-living operator to add up to 2 extra rooms with EASE! See pictures below and imagine how this property can transform into a 5-bedroom cashflow machine.

💸 BREAKDOWN: 

  • $272k subto principal amount, $47k junior lien, $6k cash to agent
  • PP: $337k
  • $12k assignment fee
  • 4.25% interest rate
  • TOTAL PITI: $2,343.36
  • Cash to Close: $20k + CC + TC
  • TOTAL ENTRY FEE: $18,000 plus closing costs ($1.5k)
    *includes cash to agent, and assignment fee

 

📲CALL OR TEXT 313-751-9661

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kevin Brooks

No reviews

Disposition manager