$340,000
XXX Court of York, Houston, TX 77069
Current Rent **
$3,100
Projected Rent **
$3,100
Houston, TX, Leaseback Opportunity with $40,300 in Pre-Paid Rent
SFH with Leaseback Opportunity and Prepaid Rents for a year. Property conveniently located near Texas Medical Center, NASAโs Johnson Space Center, George Bush Intercontinental Airport, shopping, dining, and schools.
๐๐๐ธ๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: $๐ฏ๐ฐ๐ฌ,๐ฌ๐ฌ๐ฌ
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.
๐ช๐ต๐ ๐ฏ๐๐ ๐๐ต๐ถ๐ ๐ฝ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐y?
๐ฃ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ถ๐ป ๐ด๐ผ๐ผ๐ฑ ๐ฐ๐ผ๐ป๐ฑ๐ถ๐๐ถ๐ผ๐ป - ๐ ๐ถ๐ป๐ผ๐ฟ ๐ฟ๐ฒ๐ฝ๐ฎ๐ถ๐ฟ๐
๐๐ถ๐๐ฐ๐ต๐ฒ๐ป, ๐น๐ถ๐๐ถ๐ป๐ด ๐ฟ๐ผ๐ผ๐บ, ๐ฎ๐ป๐ฑ ๐ฑ๐ถ๐ป๐ถ๐ป๐ด ๐ฎ๐ฟ๐ฒ๐ฎ ๐๐ฒ๐ฟ๐ฒ ๐ฟ๐ฒ๐ป๐ผ๐๐ฎ๐๐ฒ๐ฑ ๐ถ๐ป ๐ฎ๐ฌ๐ญ๐ญ
๐จ๐ฝ๐๐๐ฎ๐ถ๐ฟ๐ ๐ฟ๐ผ๐ผ๐บ๐ ๐ฟ๐ฒ๐ฐ๐ฒ๐ป๐๐น๐ ๐ฝ๐ฎ๐ถ๐ป๐๐ฒ๐ฑ
Roof age (6 years)
Tenant has Pets (1 dog)
Pre-approved Financing Available:ย
80% LTV DSCR Loan
Cash to Closer (Estimated) = $25K + Closing Costs
๐๐๐ฆ๐๐๐๐๐ ๐๐ฅ:
๐๐ข ๐ก๐ข๐ง ๐๐ข๐ก๐ง๐๐๐ง ๐ง๐๐ ๐ข๐ช๐ก๐๐ฅ/๐ฆ๐๐๐๐๐ฅ ๐ช๐๐ง๐๐ข๐จ๐ง ๐ข๐จ๐ฅ ๐๐ซ๐ฃ๐๐๐๐๐ง ๐๐ข๐ก๐ฆ๐๐ก๐ง. ๐๐ก๐ฌ ๐๐ง๐ง๐๐ ๐ฃ๐ง๐ฆ ๐ง๐ข ๐ฅ๐๐ก๐๐๐ข๐ง๐๐๐ง๐ ๐ข๐ฅ ๐๐ข๐ก๐ง๐๐๐ง ๐ง๐๐ ๐ฆ๐๐๐๐๐ฅ ๐ช๐๐๐ ๐ฅ๐๐ฆ๐จ๐๐ง ๐๐ก ๐๐๐๐๐ ๐๐๐ง๐๐ข๐ก
Location:
XXX Court of York, Houston, TX 77069
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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