Reduced NON FLOOD Buy and Hold in GolfCrest/Sunnyside!!

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Houston, TX 77078

Sold
Property Details

Houston, TX 77078

Sold
Description

Reduced NON FLOOD Buy and Hold in GolfCrest/Sunnyside!!

House Sold - Houston TX

NON FLOOD Buy and Hold Property Available in SouthEast Houston!

6311 Lyndhurst Dr  Houston, TX  77078

Single Family Property in Strong Rental area near Hobby!

$430++ Cash Flow!!

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Price $58,000

6311 Lyndhurst Dr  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!


Amazing buy and hold in Southeast Houston.  Home needs remodel, NEVER Flooded.  Homes in this neighborhood RENT FAST!

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

Property Details

Price: $58,000
Address: 6311 Lyndhurst  Houston, TX 77078
Estimated ARV: $114,000 Value Checked
Estimated Repairs: $33,368
Floor Area: 1,244 sqft
Lot Size:  6,168 sqft
More details: 3 Bed / 1 Bath
Cash on Cash: 34.1%
Return on Captial Gain: 90%
Cash out of Pocket:  $15,300
Cash Flow: $435
Rent Rate: $1,100

Estimated Repairs

Roof & Decking  $     4,415.00
Interior Paint & 50% sheetrock  $     3,634.00
Ext Siding & Paint  $     3,185.00
Refinish HW floors, Carpet & Tile  $     2,688.00
Breaker Box, light fixtures, Plugs & Swiches  $     1,675.00
Bathroom, prefab tub, new sink, fixtures, vanity  $     1,684.00
SS Appliances, Kitch fixtures, & fans  $     2,275.00
Replace Cabinets & Formica  $     3,200.00
Water heater, windows  $     1,600.00
Ext Carpentry Facia & Soffit & Fence  $     2,000.00
Replace front & back door & knobs & stops  $     1,862.00
Demo back building, Make ready, Landscape  $     5,150.00
Total  $   33,368.00
Property Features
  • House
  • 3 bed
  • 1 bath
  • Land is 6168 sqft
  • Floor Area is 1244 sqft