$500 CASH FLOW ON HOME IN PORTER BUILT IN 1999 THAT ONLY NEEDS $10K IN REHAB!!

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18411 Hollow Oaks Circle Porter, TX 77365

Sold
Property Details

18411 Hollow Oaks Circle Porter, TX 77365

Sold
Description

$500 CASH FLOW ON HOME IN PORTER BUILT IN 1999 THAT ONLY NEEDS $10K IN REHAB!!

House Sold - Porter TX

Looking for $500 cash flow?  Looking for a rehab under $10,000?  Looking for a newer home?  This property has all three!!  3/2/2 home in Porter that was built in 1999.  $9,500 estimated rehab and you will have this property back on the market in no time.   $500 estimated cash flow.  Home was built in 1999.  Great rental area with rental estimates around $1,350.  

Click Pic below to start slideshow

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.

Hard money with Catalyst Funding only.

 

Price: $97,000
Address: 18411 Hollow Oaks Circle, Porter, TX, 77365
ARV: $123,000
Estimated Repairs: $9,500
Floor Area: 1,214 sq. ft.
Lot Size: 6,120 sq. ft.
More details: 3 bed/2 bath
Cash on Cash: 22%
Return on Equity: 23%
Estimated Rents: $1,350
Estimated Cash Flow: $500
 
Click below to see more photos:

Link to Photos

Estimated Repairs List:

 
Foundation – $3,000
Roof Maint. – $250
Interior Paint and Drywall Repairs – $2,750
Flooring – $1,750
Appliances – $500
Landscaping and Cleanup – $1,250
 
 

TOTAL: $9,500

Rental Comps

19021 Hammer – 3/2 – 1459 sq ft – $1,295

18609 Hollybranch – 3/2 – 1449 sq ft – $1,375

19005 Hammer – 3/2 – 1551 sq ft – $1,500

Sale Comps

21617 Anvil – 3/2 – 1268 sq ft – $129,000

19068 Hammer – 3/2 – 1561 sq ft – $156,000

18354 Pine Post – 3/2 – 1540 sq ft – $137,000

 

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
  • 3 bed
  • 2 bath
  • Built 1999
  • 2 Parking Spaces
  • Land is 6120 sqft
  • Floor Area is 1214 sqft
  • 2 Garage