$400+ Cash Flow on deal in Forest Oaks

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5426 Sweetbriar Houston, TX 77017

Sold
Property Details

5426 Sweetbriar Houston, TX 77017

Sold
Description

$400+ Cash Flow on deal in Forest Oaks

House Sold - Houston TX

$400+ Cash Flow on deal in Forest Oaks
$53,000 Price

5426 Sweetbriar, Houston, TX, 77017

Pick up a $400+ monthly cash flow property on the cheap.  This is a small property with a small rehab budget.  Only $12,500 estimated to get property ready to rent.  Other remodeled 2/1’s in the area renting for $1,000 per month.
Must move quickly, this property should not last long!    

$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.

Cash or hard money with Catalyst Funding only.

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Price: $53,000
Address: 5426 Sweetbriar, Houston, TX, 77017
ARV: $75,000
Estimated Repairs: $12,500
Floor Area: 743 sq. ft.
Lot Size: 6,325 sq. ft.
More details: 2 bed/1 bath
Cash on Cash: 30%
Estimated Rents: $1,000
Estimated Cash Flow: $480

Estimated Repairs List:

Roof Repair – $250
Paint – $1,900
Flooring – $1350
Electrical – $1250
Plumbing – $950
Bathrooms – $1750
Appliances – $1100
Countertops – $500
Fixtures – $1100
HVAC – $500
Doors/Windows – $1000
Make Ready/Misc. – $850

TOTAL: $12,500

 

 

If interested please call us at 832.648.3626 or email
deal@catalystfdg.com 

 

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
  • 2 bed
  • 1 bath
  • Built 1950
  • Land is 6325 sqft
  • Floor Area is 743 sqft