Tenant Occupied Single family in 77033 w/ $440+ Cashflow!!!

Print Friendly, PDF & Email

7946 Jutland Rd Houston, TX 77033

$88,500
Property Details

7946 Jutland Rd Houston, TX 77033

$88,500
Description

Great Buy and Hold deal that won't last!!!

House - Houston TX

Great Deal to Buy and Hold! Tenant Occupied at $1250 a month, Cashflow of $440 a month! Tenants on Month-to-Month and want to stay!

——-

 If interested, please call us @ 832.648.3626

or email deal@catalystfdg.com 

DO NOT DISTURB TENANT. PLEASE CALL FOR APPOINTMENT

Home was updated a couple years back. Needs Foundation & Plumbing work.

Contact us TODAY!

Estimated ARV: $140,000

Estimated Repairs: $28,841

Floor Area: 1,378 sqft

More details: 4 Beds / 2 Bath

$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

View More Photos

 

Property Details

Price: $88,500

Address: 7946 Jutland Rd Houston TX 77033

Estimated ARV: $140,000

Estimated Repairs: $28,841

Lot Size:  6,600 sqft

More details: 4 Bed / 2 Bath

Estimated Rent: $1250 Currently OR  $1300 Top of Market after repairs

ROI: 53%

Cash on Cash:  22.6%

Cash Out of Pocket Estimate: $23,461

 

Estimated Repairs

Foundation $      4,105.00
Roof – Vent Repair $      200.00
Int Sheetrock&Paint (After Foundation) $      3,695.00
Flooring – Lam & Carp in Bedrooms $      3,239.00
Plumbing Repairs $      4,000.00
Bath Surrnds, Toilets, Fixtures & Lights $      3,444.00
Kitchen Sink, Fixtures, Chandelier & Lights $      928.00
Replace HVAC System $      4,250.00
Chain-Link Fence Backyard $      2,430.00
Debris, Powerwash, Landscape, Make Ready $      1,450.00
Permit for Gas Meter (Not one on house) $      600.00
Total $   28,841.00

 

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