04/12/2024
Last Call⦠(Update: Property Assigned)
π¨ Deal Alert! π‘
Address: 2616 Lee Ave Fort Worth Texas 76164
π Location: Fort Worth, TX Hybrid Deal
Purchase Price: $270,000 (Updated)
Cash at Close: 9.26% (Updated)
COE: April 15, 2024
PROPERTY DETAILS:
π Fort Worth, Texas 76164
π°οΈ 2 mins from the Fort Worth StockYards
π 3 mins from Dickies Arena Downtown Fort Worth
ποΈ Single Family, 1405 Sqft & 7,000 Sqft Lot Size
π οΈ Built in 2021, No HOA, Turnkey
π° Estimated Value: $300,000
ENTRY TERMS:
π° Cash to Close: $25,000 + Closing Costs + TC (Updated)
HYBRID DETAILS:
π Conventional Loan, 4.75% Rate
π¦ Mortgage Balance: $214,505
π Monthly PITI: $1,900
SELLER TERMS:
π΅ Seller Equity Payment: $35,900 remaining, ballooned
π΅ No payment on equity at all till balloon
EXIT ESTIMATES:
π LTR Rates: $2,100-$2,200
π MTR Rates: $2,500-$4,000
ποΈ PadSplit Estimates: $180-$220 per room, per week + Turn this to a 5/2
π Potential wrap cashflow: $600+/m
EXIT ESTIMATES:
π LTR Rates: $2,100-$2,200
π MTR Rates: $2,500-$4,000
ποΈ PadSplit Estimates: $180-$220 per room, per week + Turn this to a 5/2
π Potential wrap cashflow: $600+/m
View 23 photos for 2616 Lee Ave, Fort Worth, TX 76164, a 3 bed, 2 bath, 1,405 Sq. Ft. single family home built in 2021 that was last sold on 04/15/2024.