Here's a property I have in Fort Worth. Kindly find the details below:
Subject: 🔥 April 21 Deadline – Take Over a 4.5% Mortgage on a Turnkey 2,683 sqft Fort Worth Rental for Only $39,900 Cash 🔥 Deal Package for End Buyer – Turnkey Sub-to Mortgage Takeover Opportunity Property Overview Address: Fort Worth TX 76108 Type: Single-family residential, turnkey (Rehab = $0) Key Specs: 3 bed | 2.5 bath | 2,683 sqft living | 6,054 sqft lot | Built 2017 | HOA: Yes ARV Estimate: $350,000+ (conservative; based on your comps for the only ~2,700 sqft home in the immediate area, 600 ft from smaller comps). The market median sale price in 76108 is ~$300K–$323K with $170–$182/sq ft, but this larger, newer home commands a premium. Estimated Repair Costs: $0 (Turnkey condition as provided) Clear Price / Cash to Close for End Buyer: Purchase Price (mortgage takeover): $295,000 Down Payment: $14,000 - 2 months' mortgage payments Assignment Fee: $20,000 Total Cash to Close (pre-closing costs): $34,000 Closing Costs (pessimistic 2% of purchase price): $5,900 Grand Total Cash Needed: ~$39,900 Monthly Numbers (Locked at 4.5%) PITI: $2,355.95 Projected Rent: $2,650+ Monthly Cash Flow: +$294 (positive from Day 1) Representative Photos of Similar Turnkey Homes in 76108 (Modern 3-bed/2.5-bath single-family style, ~2017 build—actual property photos available Need help with this one!!!