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Listing ID #: 10336 $626 Noi Month, 2.0 Rent Ratio, 16.70% Cap Rate 4210 Berkly


Advertiser Info

 User:  eralph61

Member Since: Oct 2014


Page Views

For This Ad:   343

Ad Info

  • Date Posted:
  • July 21, 2017
  • Purchase Price:
  • $45,000
  • Turnkey Status:
  • Currently Rented
  • Beds:
  • 3
  • Baths:
  • 1

    Property Address:

  • Street:
  • 4210 Berkley St.
  • City:
  • Beaumont
  • State:
  • Texas
  • Zip Code:
  • 77703
  • County:
  • Jefferson

    Contact Info:

  • Contact Name:
  • Richard
  • Phone:
  • (281) 330-5622
Additional Details
  • Cap Rate:
  • NOI:
  • Cash Flow
  • Current Monthly Rent:
  • Market Rent:
  • Style:
  • Year Built:
  • Sq. Footage:
  • Garage/Parking:
  • Heat:
  • A/C:
  • Laundry:
  • Annual Tax:
  • Lockbox/Showing Info:
  • Property Management:
  • 13.52
  • 507
  • 6084
  • 750
  • 850
  • Bungalow
  • 1962
  • 1188
  • Driveway
  • Forced Air
  • Central
  • Utility Room, 1st Floor
  • 813
  • Drive by only
  • We Can Refer


Property Description

Full disclosure, these are truly tired landlord houses in need of a caring new owner. This house is old and ugly and it is rented to the pour. This house is being sold as is, where is and no repairs will completed by this tired landlord.
The value play here is cash flow, cash flow, do maintenance repairs, not CAPEX. Replace some rotted wood, paint inside and out, termite treatment, possible re level. This will allow you to increase rents and slightly improve your property value.

Price $45,000 Cash, $ 2,000 Non Refundable locks up this deal. Buyer pays all closing costs. Rent is $ 900 = 2.0% Rent Ratio, 16.70% Cap Rate Tenant occupied. Call or text Richard With RGAM 281-330-5622 or go to www.rgambuyshouses.com

IMPORTANT DISCLAIMER

This property is a "wholesale deal" and is under contract by me personally. I am offering to sell you my contractual rights I have on this property for a fee, which is already built-in to the above price. The non refundable deposit is paid to Richard Goody when we sign our assignment contract and the remainder is paid when the deal closes. I do not own this property and I am not representing the seller or the buyer and I am not a real estate agent, inspector or appraiser. All details listed in this email and or anything my agents or I may say over the phone or in person are only our personal opinions. We make no warranties here express or implied about the condition of the property, please do your own due diligence before entering into an agreement. The DEPOSIT I require to accept your offer is NON-REFUNDABLE if you fail to close by the agreed assignment date for ANY REASON. If I am not ready willing and able to close by the agreed date due to a problem with me, my seller, or title issues that cannot be resolved in a reasonable amount of time, I will refund your deposit in full. By receiving this email and making a subsequent offer, you agree to these terms. You further agree to hold harmless Richard Goody Jr., RGAM www.rgambuyshouses.com and it's agents from any dispute that may arise regarding this property. If you do not agree, please ask to be removed from my list in writing immediately. PUBLIC NOTICE & PRIVATE: This is Not a Public Communication.
This private email message, and any attachment(s) is covered by the Electronic Communications Privacy Act, 18 U.S.C. ยงยง 2510-2521, and is for the sole use of the intended recipient and contains privileged and/or confidential information.

(Trying to circumvent or contact anyone other than Richard Goody regarding this wholesale offer and individuals named and/or included in the documents attached is against the law, a serious violation and offer revoked immediately and you removed from my buyers list!)