307 E SUMMIT AVE

704 SF

1935

CAP RATE
{{ percent(capRate, 1) }}

ROI
{{ percent(CoC, 1) }}

Property Value

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}

PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}

You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.

Calculator Running

307 E SUMMIT AVE ELECTRA, TX 76360

704 SF

1935

Proposed Cost {{currency(calcParams.purchaseprice)}}

Property Value {{ currency(propertyValue, 0, '-') }}

After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}

Total Monthly Rent {{ currency(unitsTotalRentalRate) }}

Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}

Rooms

Avg Weekly Rate

Rental Rate {{ currency(monthlyRental, 0, '-') }}

Hold Period

Auto

AUTO

CAP RATE

ROI

Calculator Mode:

Property Type:

Rental Type:

Tenant Occupied
{{ propertyStore?.property?.mlsSource?.status }}

Custom Edits

Total Investment Initial Investment

Current Equity

Down Payment

{{ number(downpaymentWhole) }} %

Flip Only

Cash Required

Net Profit

BRRRR

Net Investment

10-Year Net Gain

Please review and edit this property's Financial History to continue.

Property Description Source: SWE Homes

Immerse yourself in the quaint charm of Electra with this cozy 2-bedroom home! Customize the interior and expansive yard to your heart's content, creating a space that truly reflects your lifestyle. Benefit from the convenience of nearby city attractions such as the Grand Theatre or Crazy Horse Saloon, perfect for leisurely outings. Plus, with Highway 287 just a stone's throw away, you'll enjoy easy access to neighboring towns like Vernon and Wichita Falls. Don't miss out on this opportunity to make Electra your home sweet home.

Virtual Tour Link

Listing Agent: Dan Cook
Agent Office: 713-231-1125
Broker: SWE Homes

Houston Association of Realtors

	List Price:	$37,049
	List date:	09/12/2024
	Days on Rescover:	103
	MLS Source:	HAR
	MLS Number:	36133780
	MLS Data Sync:	12/24/2024 10:34 AM CST

DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.