🔥 Sub-To Opportunity | Lancaster, TX

3 Beds / 2 Baths • 1,445 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 2
  • 1977
  • 1445
  • 1445
  • Attached Garage

Description

Financials: 

  • Entry Fee: $40k (Cash to Seller + assignment + arrears)
  • Monthly PITI: $1,596.85
  • Principal + Interest: $1,066.96
  • Escrow: $529.89 (Includes Taxes + Insurance)
  • Int. Rate: 5.99%
  • Loan Balance: $204,517.49
  • Maturity Date: 9/1/2052
  • Arrear Breakdown: $24,786 for 6/1 + $1,600 for July


  • Roof: Replaced in 2021
  • Foundation: Good condition | No Issues
  • HVAC: Both units inside and out replaced in 2022

• Plumbing: Good condition | No Issues

Estimated Spread

  • ARV $275,000
  • Price $204,517
  • Spread $70,483

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