
3607 Marchant Rd
Single Faily Home
Investment overview
3607 Marchant Rd, Houston, TX 77047
SFH
Exit strategy
This property was purchased in the county’s tax sale auction. The previous owner has the right to redeem the property for 2 years. If he chooses to do so he’ll have to pay 25% over what we paid in the auction in the 1st year, or 50% in the 2nd year.
Our plan is to rent & hold the property for 2 years, then sell it. The excel presents the different scenarios of Redemption in 1st year/ Redemption in 2nd year/ Sell after 2 years.
Numbers
Investment term: 2 years
Purchase price: $83,000
Current Aprx Value: $120,000
Current market rent: $1300
Investor contribution: %95
MGT contribution: %5
Profit Investor: %50
Profit MGT: %50
Investor preferred ROI: %10
Projected Investor IRR: 10-15%
Power in Numbers
50000
$ Minimum Investment
2
Investment period in years
10-15%
Expected IRR