Port Arthur Distressed Deal: $33K Discount, Cash Flow
Wednesday, April 22nd, 2009We have analyzed this deal to see how this particular single family home in Port Arthur would be as a rental property. We try to research and analyze better than average deals for you to help save you time and money. You can read about what it is like researching properties for deals on your own in our article: Find Real Estate Deals is a Numbers Game.
Please use the information below as a starting point for your analysis, but because data used below is submitted to us, it should all be independently verified with the help of a competent team of professionals.
Where is this property?
It is located in Port Arthur, TX. The property address is kept private to preserve the deals for our real estate investor visitors. Request additional information on Deal #5467. This particular property was submitted to the Beaumont Real Estate Resources Website featuring real estate investor articles and local deals.
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How did we find this property?
We found this property from one of our real estate investor friendly agents/brokers or one of the real estate investor wholesalers we know in the Port Arthur area.
If you would like more information about this deal, please request info about real estate Deal #5467.
Notes:
The following was left as notes by the person that submitted the deal to us:
Nice rental. Next to Sea Wall. Great potential.
Property Details
- Bedrooms: 3
- Baths: 1.00
- Square Footage: 1,000 (see square footage estimates for info)
- All information is deemed reliable, but is pulled from tax records, a real estate agent or real estate broker, zillow, a researcher or the seller.
Income
- Gross Rent: $650/month (see Rent Estimates for more info)
- 4.00% Vacancy Adjustment: $26/month (see Vacancy Estimates for more info)
- Net Rent: $624/month
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