Subject To Deal ### Avenue G, Poteet, TX 78065 Purchase Price: $100,000

 

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Subject To Deal


186 Avenue G, Poteet, TX 78065


Purchase Price: $100,000

Interest Rate: 4.8%

Total Monthly Payment: $849

Entry Fee: $17,702 + Closing Costs


Property Description:

  • Property Type: Single Family

  • Deal Source: Direct

  • Beds/Baths: 2/1

  • Garage: None

  • SQFT: 1,118

  • Year Built: 1955

  • ARV: $87,000

  • HOA: No

  • Pool: No

  • Condition: Turnkey

  • Closing Date: 05/10/2024

  • Access: Schedule with me


Entry Fee Breakdown:

  • Cash to Seller/Agent: $2,702

  • Arrears: $0

  • Liens: $0

  • Assignment: $15,000


PITI Breakdown:

  • PITI: $810

    • Principal: $333

    • Interest: $332

    • Escrow: $144

  • Total Payment: $810


Exit Strategies:

  • Long-Term Rental: $1,495 (Zillow)

  • Mid-Term Rental: $1,500 - $2,000 (FurnishFinder)

  • Short-Term Rental/Airbnb: $1,500 (DataRabbu)



Mortgage Information:

  • Existing Loan: $82,298

  • Loan Type: New Conventional

  • Interest Rate: 4.8%

  • Maturity Date: 11/01/2048


Notes:

  • Mortgage Statement available upon request

  • We will coordinate the transaction for you (optional) this will consist of the following:

    • Manage and coordinate communication between Seller side, Title and Buyers side

    • Servicing Setup

    • HUD review and correction

    • Draft and send Assignment contract and all Addendums

    • Draft SubTo closing docs

    • Fill out Utility sheet and Mortgage Login sheet 

    • Coordinate key handoff

    • Assist with Mortgage login

Bp 
Dslacquisitions@gmail.com
786-361-2422 Text

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