Single Family Buy and Hold in Desirable Sagemont South Houston

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Houston, TX 77089

Sold
Property Details

Houston, TX 77089

Sold
Description

Single Family Buy and Hold in Desirable Sagemont South Houston

House Sold - Houston TX

$405+ est. Cashflow

Price $104,000

11510 Camphorwood  Houston, TX  77089

Call 832.648.3626  or email deal@catalystfdg.com


Amazing buy and hold opportunity in South Houston.  Home needs remodel, flooded only in Harvey.

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.

CLICK HERE TO SEE MORE PHOTOS!

Property Details

Price: $104,000
Address: 11510 Camphorwood. Houston TX 77089
Estimated ARV: $170,000
Estimated Repairs: $38,000
Floor Area: 2,184 sqft
Lot Size:  7,200 sqft
More details: 4 Bed / 2 Bath
Estimated Cash out of pocket: $24,600
Cash on Cash: 19.9%
Return on Equity: 78%
Estimated Rents: $1,650
Estimated Cash Flow: $407

Estimated Repairs

Foundation Slab $ 4,350.00
Roofing – Garage $ 1,400.00
Interior Paint, Dry Wall & Dry Wall Repairs $ 6,450.00
Light Fixtures Interior and Exterior $ 1,200.00
Flooring – Tile, Laminate and Carpet $ 4,900.00
Electrical – Plugs/Switches, Plates, Receptical Add $ 1,000.00
Bathroom Updates and Fixtures $ 3,100.00
Kitchen Appliances $ 2,000.00
Kitchen – Granite, Cabinets, and Fixtures $ 8,700.00
Doors – Interior & Exterior $ 2,100.00
Carpentry – Baseboards $ 800.00
Clean Up, Make Ready, Landscape, Power Wash $ 1,000.00
Flood cleanup and remediation $ 1,000.00
Total $ 38,000.00

 

 

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
  • 4 bed
  • 2.5 bath
  • Built 1978
  • 2 Parking Spaces
  • Land is 7200 sqft
  • Floor Area is 2184 sqft
  • 2 Garage