2712 3rd Ave
Groves, TX 77619
Part of Excellent Texas Portfolio
List Price
$98,000
Initial Investment
$26,705$
about the purchase process.
Features
Occupancy
Occupied
Lease Start
09/10/2021
Lease End
09/30/2022
Lot Size
7,000
HOA
None
Flood Risk
Not Required
- Insurance fee included in monthly rent of $12.50
- Good current market appreciation
- Long driveway
- 1% rule rent to listing price ratio
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,833Expenses
-$3,108Property Taxes
-$2,400Loan Payments
-$5,328Net Cash Flow
-$1,004See 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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