Package Deal Assignment of Contract
📍 Locations:
- 9088 5th Street, Crawford, TX
- 9100 5th Street, Crawford, TX
💲 SubTo Entry Fee: $50,000 for both properties
💲 Cash Purchase Option: $126,000 for both properties
Property 1: 9088 5th Street
- Size: 1,088 SqFt
- Beds/Baths: 2/2
- Rental Income: Currently $1,975/month, potential $2,250/month
- Lease: Current tenant lease expires 6/30/2025, renting for $950/month (tenant pays utilities)
- Built: 1992
- Current PITI Payment: $1,511/month
- Balance Remaining: $70,000 (7 years left on note)
Property 2: 9100 5th Street
- Size: 1,201 SqFt
- Beds/Baths: 2/2
- Rental Income: Currently $1,025/month, lease potential $1,500/month
- Lease: Tenant lease expires 3/31/2025, renting for $1,025/month (tenant pays utilities)
- Built: 1985
- Current PITI Payment: $1,511/month
- Balance Remaining: $70,000 (7 years left on note)
Investment Highlights:
- SubTo Sale Option: Combined entry fee of $50,000 with an 8% interest rate
- Rental Potential: $3,475/month combined with stable tenants in place
- Cash Flow Opportunity: Creative financing available for investors
- Cash Purchase Option: $126,000 for both properties for a quick close
📞 Contact us today for financial details, lease terms, and next steps!