3511 Dreyfus Street
Houston, TX 77021
- Entry fee
- $18,200
- Interest rate
- 2.75%
- Monthly payment
- $1,229
About this deal
CASHFLOWING SUBTO โ Houston, TX
๐ก 4 bed / 1 bath single-family home (1,378 sqft)
๐ Houston, TX 77021 (South Union)
๐ต Entry Fee: $18,200.00 + CC + TC (Includes wholesale)
Property Terms:
ARV: $215,000.00
Total Acquisition Price: $157,749.04 (Loan Balance + Entry Fee)
Existing Loan: $139,549.04 (FHA Loan)
Interest Rate: 2.75% FIXED! ๐ฅ
PITI: $1,228.88
Estimated Market Rent: $1,573.00
Highlights: ๐ฅ
NO BALLOON
+$2,350.40 Escrow Balance Transfer โ free capital already in the tax/insurance account transfers directly to the buyer! ๐ฅ
Loan Status: 100% clean and current (no arrears, no lates)
Lead-Based Paint Disclosure: Ready (1950 Build)
Recent CapEx: New roof (under 5 years old), new post-hurricane fence, new flooring, and updated plumbing lines
Light Rehab: Cosmetic updates needed to unlock full rental potential or $215K ARV flip (paint, minor bath refresh)
Location: High-demand South Union neighborhood with quick access to Medical Center, Downtown Houston, and major universities (UH & TSU) ๐