723 County Road 289, East Bernard, TX 77435

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Michael Stavinoha

Keller Williams Memorial
michaels@shapingrealestate.com
979) 320-4303

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723 County Road 289

East Bernard, TX 77435

$50,560

  • Sold
  • |
  • Single-Family
  • |
  • 79 Days on Market
  • BF
    Buy & Flip
  • R
    Rental
  • 2 Bed(s)
  • 1 Full Bath(s)
3 Analysis Report(s) Available

Contact Agent

agent-logo.png

Michael Stavinoha

Keller Williams Memorial
michaels@shapingrealestate.com
979) 320-4303

Realtor Analysis

Buy & Flip (2)

View Detailed PDF Report

Buy & Flip

$21,996

Net Profit

21.55%

ROI

Overview

Total Cash Investment

$102,045

Holding Period

6 Months

Rehab/Renovation Costs

$35,000

After Repair Value (ARV)

$130,000

Financing Type

Hard/Private Money

Risk Level

Very Low

Investment Performance

Net Profit

$21,996

Annualized ROI

$43.10%

Return-On-Investment

21.55%

Holding Costs

Total Loan Cost

$5,959

Monthly Loan Interest

$728

Cost Per Month

$1,273.07

Cost Per Week

$318.27

Cost Per Day

$45.47

Cost of Points

$1,589

Monthly Expenses

$545

Project Timetable

Month

Arv

Total Cash Investment

Total Loan Cost

Net Profit

Roi

0 $130,000 $98,777 $1,589 $29,634 30%
1 $130,000 $99,322 $2,317 $28,361 28.55%
2 $130,000 $99,866 $3,046 $27,088 27.12%
3 $130,000 $100,411 $3,774 $25,815 25.71%
4 $130,000 $100,956 $4,503 $24,541 24.31%
5 $130,000 $101,501 $5,231 $23,268 22.92%
6 $130,000 $102,045 $5,959 $21,996 21.55%
7 $130,000 $102,590 $6,688 $20,722 20.20%
8 $130,000 $103,135 $7,416 $19,449 18.86%
9 $130,000 $103,679 $8,144 $18,177 17.53%
10 $130,000 $104,224 $8,873 $16,903 16.22%
11 $130,000 $104,769 $9,601 $15,630 14.92%
12 $130,000 $105,314 $10,329 $14,357 13.63%

Disclaimer: This report is intended for general guidance and information purposes only. The report provides estimates of the potential earnings or... read more

View Detailed PDF Report

Buy & Flip

$28,460

Net Profit

28.03%

ROI

Overview

Total Cash Investment

$101,540

Holding Period

6 Months

Rehab/Renovation Costs

$35,000

After Repair Value (ARV)

$130,000

Financing Type

Cash

Risk Level

Very Low

Investment Performance

Net Profit

$28,460

Annualized ROI

$56.06%

Return-On-Investment

28.03%

Holding Costs

Total Loan Cost

$0

Monthly Loan Interest

$0

Cost Per Month

$544.71

Cost Per Week

$136.18

Cost Per Day

$19.45

Cost of Points

$0

Monthly Expenses

$545

Project Timetable

Month

Arv

Total Cash Investment

Net Profit

Roi

0 $130,000 $98,272 $31,728 32.29%
1 $130,000 $98,817 $31,183 31.56%
2 $130,000 $99,361 $30,639 30.84%
3 $130,000 $99,906 $30,094 30.12%
4 $130,000 $100,451 $29,549 29.42%
5 $130,000 $100,996 $29,004 28.72%
6 $130,000 $101,540 $28,460 28.03%
7 $130,000 $102,085 $27,915 27.34%
8 $130,000 $102,630 $27,370 26.67%
9 $130,000 $103,174 $26,826 26%
10 $130,000 $103,719 $26,281 25.34%
11 $130,000 $104,264 $25,736 24.68%
12 $130,000 $104,809 $25,191 24.04%

Disclaimer: This report is intended for general guidance and information purposes only. The report provides estimates of the potential earnings or... read more

Rental (1)

View Detailed PDF Report

Rental

69.66%

Cash-on-Cash Return

Annually

$4,577

Avg. Cashflow

Annually

Overview

Total Investment

$26,629

Point of Sale

2 Years

Monthly Income

$900

Monthly Expenses

$497

Financing Type

Conventional

Investment Performance Based on the Point Of Sale date

Cash-on-Cash Return

69.66% Annually

Avg. Annual Cashflow

$4,577

Appreciated Home Value

$78,957

Total Net Cashflow

$9,154

Total ROI at Sale

56.29%

Equity

$11,174

Loan Summary

Monthly Payment

$237.33

Total Amount Paid

$85,438

Total Principal Paid

$40,448

Total Interest Paid

$44,990

Amortization Schedule

Disclaimer: This report is intended for general guidance and information purposes only. The report provides estimates of the potential earnings or... read more

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Property Details

Property Type:

Single-Family

Bed(s):

2

Full-Bath(s):

1

Half-Bath(s):

0

Building Sqft:

Lot Size:

16640

Tax Rate:

2.2478

County:

Wharton

Listing Information

List Price:

$50,560

List Status:

Sold

MLS Number:

2668978

Days on Market:

79

Property Description

The house was flooded in Harvey so probably needs to be torn down or completely remodeled. It’s a two bedroom, one bath with a kitchen, formal dining room, mud room and covered patio.