4616 Shreveport Blvd Houston, TX 77028
Deal Category: SubTo
Status: Active
Bedrooms: 3
Bathrooms: 2
Square Feet: 2312
Year Built: 2023
Purchase "subject-to" the existing mortgage
Entry
Cash to Close: $35K + CC
Details:
- Remaining Mortgage: $363,657.46
- Interest Rate: 6.25%
- PITI: $3,713/m
- Duplex - 3 stories
- First floor:Open floor plan kitchen/ living area
- 2nd floor: Two bedrooms w/ closets and a full bathroom
- Bathroom 2nd floor: glass shower, toilet sink
- Third floor:Walk-in Laundry room
- Master bedroom with closet and bathroom in it.
- Bathroom 3rd floor master: Tub/shower combo
- Attic third floor
- Seller has kept it vacant to sell the property
- Seller is covering taxes and insurance for the first 3 months past close
- EMD: Non-refundable $5,000 (Due within 24 hours of signing the assignment contract)
Cash Flow
- Previous rents were each at $2000/m
- Proforma rents: $2500/m per unit
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