Real Estate Listing

1013 Stevens Ave Conroe, TX 77301

1013 Stevens Ave Conroe, TX Front of House

Deal Category: SubTo

Status: Available

Bedrooms: 4

Bathrooms: 2

Square Feet: 2169

Year Built: 1970

Purchase "subject-to" the existing mortgage

Entry

Cash to Close: ~$11,000 + CC

Cash to Seller: $0

Assignment: $11,000

Details:

  • Remaining Mortgage: $229,586.78
  • Interest Rate: 6.375%
  • PITI: $2,195.34
  • P: $232.69
  • I: $1,219.68
  • Taxes/Insurance: $742.97/m
  • HOA Payment: No HOA
  • EMD: Non-refundable $5,000 (Due within 24 hours of signing the assignment contract)

Cash Flow

  • LTR: ~$1,700.00/m (-$495.34/monthly CoC -54.04%)
  • MTR: ~$3,200.00/m ($1,004.66/monthly CoC 109.6%)
  • STR: ~$2,700.00/m ($504.66/monthly CoC 55.05%)
  • Section 8: ~$2,280.00/m ($84.66/monthly CoC 9.24%)

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