Recently Rehabbed, Leased Duplex with $700 a month cashflow in Freeport!!

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1427 W 6th St Freeport , TX 77541

Sold $115,000
Property Details

1427 W 6th St Freeport , TX 77541

Sold $115,000
Description

Recently Rehabbed, Leased Duplex with $700 a month cashflow in Freeport!!

House Sold - Freeport TX

NO REPAIRS NEEDED.  Currently Leased & Cashflowing over $700 a month

Recently rehabbed and recently leased Duplex in Freeport with over $700 a month in estimated cashflow!!!

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 If interested, please call us @ 832.648.3626

or email deal@catalystfdg.com 

Duplex has recently had over $18,000 in work done to HVAC, Paint, flooring, and general repairs.

NO REPAIRS NEEDED AT THIS TIME!

Contact us TODAY!

Estimated ARV: $140,000

Estimated Repairs: $0.00

Floor Area: 1,891 sqft

More details: 3/1 Rented for $950 & 1/1 Rented for $650

$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 Long Term Financing with Catalyst Group @ SNMC

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Property Details

Price: $115,000

Address: 1427 W 6th St Freeport TX 77547

Estimated ARV: $140,000

Estimated Repairs: $0.00

Lot Size:  7,000 sqft

More details: 3/1 & 1/1

Estimated Rent: $950mo Thru 11/30/19 & $650mo Thru 02/28/20

ROI: 23%

Cash on Cash:  35.4%

Cash Out of Pocket Estimate: $26,763

Estimated Repairs

Foundation$       0.00
Roof – Vent Repair$       0.00
Int Sheetrock&Paint (After Foundation)$       0.00
Flooring – Lam & Carp in Bedrooms$       0.00
Plumbing Repairs$       0.00
Bath Surrnds, Toilets, Fixtures & Lights$       0.00
Kitchen Sink, Fixtures, Chandelier & Lights$       0.00
Replace HVAC System$       0.00
Chain-Link Fence Backyard$       0.00
Debris, Powerwash, Landscape, Make Ready$       0.00
Permit for Gas Meter (Not one on house)$       0.00
Total$       0.00

If interested, please call us @ 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