• 1a. Single Family Deals Buy / Sell – North Texas

  Offer Sub2: Magnolia 77355, 3/2, 17K ENTRY FEE, ARV: $240K

  Posted by propshop_connector on 6 September 2024 at 6:01 PM

  Interesting deal in Magnolia 77355!

  MAGNOLIA TX | SUBTO | 17K ENTRY

  SUBJECT TO EXISTING MORTGAGE PURCHASE

  7% ENTRY

  Address: 22048 Angelico Drive, Magnolia Tx 77355

  Subject To Entry: $17,000 + Closing + TC

  ARV: $240K (Buyer does own due diligence)

  3 Bed | 2 Bath | 1576 sqft |

  Lot Size: 7,666 SQFT | 2020 Build

  Avg Rent: $2,100-2,400

  Rehab: | Turn Key |

  HOA : $348 Yr/ $29Mo/

  COE : On or Before September 9/13/2024

  Loan Info: AS OF 7/11/24

  Interest Rate: 6.750%

  Current PITI: $1,892.70

  Principal : $163.87

  Interest :$1,056.83

  Taxes/Insurance :$647.00

  Principal Bal: $187,880.93

  Liens

  58K Silent Hud Lien ( No Payments , No Interest )

  $7,069.00 Down Payment Assistance Balance

  NEITHER LIEN NEEDS TO BE PAID AT CLOSING

  Exit Stategy : Owner Finance Wrap

  TOTAL PURCHASE PRICE : 269K

  Pictures : https://drive.google.com/…/1GJECo-AEnndtV94Nk…

  CURRENLTY OCCUPIED CALL / TEXT FOR VIEWING

  . Property Sold As Is | MOC Filed | $5K Non-Refundable

  See more details at https://www.facebook.com/groups/457532828358713/user/1071679610/

  Need more info? Send a private message or drop a comment with your questions.

  propshop_connector replied 4 weeks ago 1 Member · 0 Replies

  • off-market
  • offer
  • SFH
  • Sub2
• 0 Replies

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