Property Overview

1.Basic Property Information

Houston

TX

$160000
Address: 123 Elm Street
Zip Code: 77002
3Beds
2Baths
Sq Ft: 1450
Years Built: 1998
Current Condition: Medium rehab

2. Deal Structure Overview

Offer Type: Sub-to

Asking Price: $175000

Comps: $200000

After Repair Value (ARV): $210000

Offer Made to Seller: $160000

Assignment Fee: $9999

Total Down Payment Needed: $990000

Down payment breakdown

• Cash To Seller: $25000

• Assignment Fee: $10000

• Realtor Fee: $0

• Arrears: $0

Entry Fee:13%

3. Financing Terms

Offer Type: Sub-to

Existing Loan Balance: $150000

Current Intrest Rate: 3.75%

Total Monthly Payment: $1100

Remaining Loan Term: 23%

4. Cash Flow Metrics & Deal Summary

Market Rent: $1800

Annual Gross Cash Flow: $8400

Annual Net Cash Flow: $4199

Cash On Cash Return: $16.8

5. Notes

Titan Capital, LLC (our company) is the direct purchaser of this property. A legally binding Agreement of Sale has been signed between Titan Capital, LLC and the Seller. Additionally, a Memorandum of Contract has been filed to secure our exclusive right to purchase this property. We hold a legally enforceable interest and intend to complete the purchase.

6. Disclaimer

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