Houston, TX, Leaseback Opportunity with $40,300 in Pre-Paid Rent

Harris County, Houston, TX, 77069
Sold
Listed at: May 23rd, 2024
Price
$340,000
Sq. Footage
3070
Type
Single-Family
Parking
Detached Garage
Year build
1978
Lot size
0.22 acres
Bedrooms
4
Bathrooms
3
Half Bathrooms
1
Summary

SFH with Leaseback Opportunity and Prepaid Rents for two years. Property conveniently located near Texas Medical Center, NASA’s Johnson Space Center, George Bush Intercontinental Airport, shopping, dining, and schools.

Asking Price: $340,000
4 BD / 3.5 BA
SF: 3,070
Year built: 1978
Net Equity: $60,000
Monthly Rent: $3,100
Total Seller Prepaid Rents: $40,300
Estimated Insurance Costs: $2,390

Seller wants to stay as a tenant for 24 months.

Why buy this property?
Property in good condition - Minor repairs
Kitchen, living room, and dining area were renovated in 2011
Upstairs rooms recently painted

Roof age (6 years) 

Tenant has Pets (1 dog)

Pre-approved Financing Available: 
80% LTV DSCR Loan
Cash to Closer (Estimated) = $25K + Closing Costs

For additional details about this property contact: Juan Basto at 786-490-2402

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:

𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡

 

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

Juan Basto

No reviews

Disposition manager