1026 Northcliff dr. Portland, TX 78374
Deal Category: SubTo
Status: Active
Bedrooms: 3
Bathrooms: 1
Square Feet: 925
Year Built: 1968
Purchase "subject-to" the existing mortgage
Entry
Cash to Close: $17K + CC
Cash to Seller: $330
Cash to Agent: $5,040
Arrears: $4,710
Assignment: $6,920
Details:
- ARV: $170,000.00
- Remaining Mortgage: $140,906.43
- Interest Rate: 3.875%
- PITI: $870.64/m
- P: $257.53/m
- I: $452.53/m
- Taxes/Insurance: $160.58/m
- Loan Type: VA
- HOA Payment: No HOA
- Seller Carryback Amount: $17,014.00
- Balloon: 7 years
- Seller Carry Monthly Payment: $47.00
- EMD: Non-refundable $5,000 (Due within 24 hours of signing the assignment contract)
Cash Flow
- LTR: ~$1,250.00/m
- MTR: ~$3,000.00/m
- STR: ~$2,075.00/m
- Section 8: ~$2,916.00/m
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