3 Bedrooms, 2 Baths
Home Size: 1,535 sq ft
Lot Size: 5,809 sq ft
Year Built: 2005
Offer Price: $80,000
Approximate Value: $125,000
Equity: $45,000 (37.50%)
Area: North Katy near Fry Rd
Got Cash? Invest it wisely in this Katy foreclosure that’s practically rent-ready, recently constructed so it’s easy to maintain and will rent fast for an affordable $1,100/mo. You can acquire it at 63 cents/dollar so you get: $45K in equity on day one, $7000 positive cashflow annually after operating expenses based on conservative estimates (see below) and depreciation deduction on your taxes. Let’s talk about how we can make this happen.
Rental Income Breakdown
Listed with: The Houston Real Estate Group
