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Updated 11 months ago,
Sugar Land, TX | Net Equity: $ 120K | $ 67,200 PREPAID Rent
End Buyers Only
Sugar Land, TX, 77478
Investment Opportunity + Leaseback:
Asking Price: $ 280K
Net Equity: $ 70K
Net Equity Formula: Market Value - Asking Price = Net Equity
Market Value ($350,000) - Asking Price ($280,000) = Net Equity ($70,000)
Monthly Rent: $ 2,200 with 3 months of prepaid rent + deposit
Total rental income: $ 6,600
4 BD / 2.5 BA
Sq. Ft: 2,476
Lot size (Acres): .1
Year Built: 1985
Seller wants to stay as a tenant
Why buy this property?
Roof replaced 8 months ago
Shopping and dining nearby within 2.5 Mi
Several schools within 2.5 Mi
St. Luke’s Health - Sugar Land Hospital 3.3 Mi
Southwest Freeway 2 Mi
Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities
DISCLAIMER:
DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR CONTACT THE SELLER WILL RESULT IN LEGAL ACTION