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Archived about 5 years ago

$65,500

4 bd ba 1580 sqft

9622 Ashville Drive, Houston, AL 77051

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

$1,300

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Off-Market Deal | Houston, TX | > $30K Profit

*Assignment of Contract*

I am selling an assignment contract for a 4bd 1.5ba home in Houston (Sunnyside), TX; $5K earnest money deposit will secure the deal.

Price: $65.5K
ARV: $125K
Repairs: $25K
All-in: $92.5K (this includes: repairs, closing costs, realtor fees, etc.)
Profit: Approx. $32.5K
Square footage: 1580
Lot Size: 7K sq ft.
Year Built: 1955
*** The property did not flood during Hurricane Harvey. Moreover, the roof was replaced shortly after the storm.

*** Only cash or private money financing will be accepted.

Preferred Methods of Contact:
Email: [email protected]
Text: 281-343-3022
Call: 281-343-3022 (In Europe until 3/18/19; please leave a voicemail if we're unable to immediately connect.)

Location:

9622 Ashville Drive, Houston, AL 77051

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.