3/1 Buy and Hold in East Houston – LESS THAN 3K out of pocket!!!

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9118 Linda Vista Houston, TX 77078

Sold
Property Details

9118 Linda Vista Houston, TX 77078

Sold
Description

Less than 3K out of Pocket - 3/1 in East Houston!!

House Sold - Houston TX

Less than $3K out of Pocket!  Buy and Hold Property Available in East Houston!

9118 Linda Vista Rd, Houston TX 77078

Single Family Property in Great Rental neighborhood!

Less than 3K out of pocket! Enormous ROCG and $315++ Cash Flow!!

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Price $39,000

9118 Linda Vista Rd, Houston TX 77078

Call 832.648.3626

*Limited number of spots open. Reservations will be first come first serve.

CLICK HERE TO SEE MORE PHOTOS!


Great buy and hold opportunity in Houston.  Home needs remodel, Flooded first time in Harvey.  Very desirable rental neighborhood!

Recent Roof, Recent A/C – Presents VERY well!  Has been gutted to 4ft. and cleaned!  Easy Remodel!

This one will go quickly!


$2,500 non-refundable earnest money check made to Saxum Real Estate Solutions required to secure property. First one to deliver check gets the deal. Buyers to pay all closing costs.

Please conduct your own due diligence.

Hard Money with Catalyst Funding and Conventional with Catalyst @ SNMC

*LTV Restrictions may Apply

 

Property Details

Price: $39,000
Address: 9118 Linda Vista Rd, Houston TX 77078
Estimated ARV: $105,000 
Estimated Repairs: $26,700
Floor Area: 1,099 sqft
Lot Size:  9,100 sqft
More details: 2 Bed / 1 Bath (Convert to 3 Bed / 1 Bath)
Cash on Cash:  330++%
Return on Captial Gain: 2700++%
Cash out of Pocket:  $2,950
Cash Flow: $315
Rent Rate: $950

Estimated Repairs

Interior Paint, Dry Wall & Texture $     6,600.00
Flooring -Tile, carpet, and Laminate $     2,500.00
Hot Water Heater $     1,200.00
Vanity, toilet, sink tub, tile surround, bath Fixtures $     1,500.00
Stainless Appliances – Dish, Microhood, Range $     1,100.00
New Cabinets w/ Granite tops $     3,500.00
Kitchen sink, fixtures, disposal, fans $     1,000.00
Interior & Ext doors, knobs & stops, frames $     1,600.00
Clean up debris & landscape & Power Wash $     1,200.00
Convert Garage to 3rd Bedroom $     6,500.00
Total $   26,700.00

 

At this price, buyer pays title policy and all closing costs.  Buyer’s realtor fee will be added to the sales price, if applicable.  This property is a “wholesale deal” and is under contract. We are offering to sell the contractual rights we have on this property for a fee which is already built-in to the Sale Price. A NON-REFUNDABLE deposit of $2,500 will be required when the assignment contract is signed and remainder will be paid at closing. We do not own this property and we do not represent the seller. Seller will pay all prorated property taxes.  The owner of Catalyst Funding, LLC is a licensed real estate agent.  Catalyst Funding, LLC is providing financing for investors for this property.  Catalyst Funding, LLC finances non-owner occupied properties for investors only.  Catalyst Funding, LLC does not provide any financing for owner occupants.  All details listed in this email and or anything we may have said over the phone or in person are only our personal opinions. Real estate investors are encouraged to verify all estimated numbers independently.  Catalyst Funding, LLC assumes no liability either expressed or implied for the accuracy of the information above.

Investors must do their due diligence for each property.

Property Features
  • House
  • 3 bed
  • 1 bath
  • Land is 9100 sqft
  • Floor Area is 1099 sqft