2313 Smith St
West Orange, TX 77630
List Price
$62,000
Initial Investment
$16,895$
about the purchase process.
Features
Occupancy
Vacant
Vacancy Protection
Yes
Lot Size
7,536
HOA
None
Flood Risk
High Risk - Zone AE
- Property is vacant
- Property is potentially high risk for flooding or on a flood plain, please review flood and insurance information and contact your own insurance company to verify
- Attractive cap rate and high gross yield
- Meets 1% rule at market rent
See more in Analysis
Annual Financial Highlights
Expected Rent
$7,410Expenses
-$2,661Property Taxes
-$1,400Loan Payments
-$3,371Net Cash Flow
-$22See more in Financials
Property Characteristics
Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
- This property will be professionally inspected before closing.
- You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
- Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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