Subejct-To in Conroe, TX! $20K Entry or $199K cash now.

Montgomery County, Montgomery, TX, 77316
Sold
Listed at: August 14th, 2024
Price
$199,000
ARV
$315,000
Gross Margin
$116,000
Sq. Footage
2496
Type
Single-Family
Parking
Detached Garage
Year build
1980
Lot size
0.47 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

1% Rule in Montgomery TX 🤯💰

Subject-To Details: 

Debt: $178K

PITI: $1,834.66

7.6% Interest Rate

Entry Fee: $25K (12% Down)*

Rent Rate: $2k+

ARV: $315K

 

Don't miss out on this opportunity to add this unique rental in Montgomery to your portfolio! With some updated floors and a fresh coat of paint - you can rent this thing out for $2k+ in no time. Enjoy instant equity in this home as it is currently assessed at $243K and you've made those updates to the home, you'll have an ARV of $315K. Please contact us to make a showing appointment! See more info below ⬇️

 

RENTAL COMPS:

371 Carriage Trl - $2,495/mo - 4B/2Bth - 2,120 Sqft

16625 E Lynbrook - $1,800/mo - 4B/2BTH - 1,528 Sqft

119 Navajo Rd - $1,900/mo - 3B/2BTH - 1,409 Sqft

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

Colin Burris

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Disposition manager