House Picture

House Picture

Monday, October 5, 2015

Income Property In The Scorching Hot Dallas Market. CHEAP!

PROPERTY DETAILS Bedrooms:3 Bathrooms:1.5 Square Footage: 1123 Lot Size: 0.21 acres Year Built: 1970 Type: Single Family Garage: 1 car PROPERTY DESCRIPTION The Numbers Estimated ARV - $105,000 Estimated Repairs - $12,000 Estimated Market Rent - $1,100 Estimated Rent Repairs - $7,000 Price - $80,000 Cash On Cash over 11% return per annum Tenant Occupied month to month at $750 per month. This is way below market rent. Whoever buys this will need to buy it with the tenant in place and can then choose to keep or evict them with 30 days-notice. The tenants have been there 15 years, and know that the property is being sold but cannot afford to pay market rent. Requirements Cash or hard money only $3,000 non-refundable deposit Buyer pays all closing costs Property to be sold as-is Close Date: 10/23/15 Please Do Your Own Due Diligence Before Signing Contract Details 3 Bedrooms / 1.5 Bathrooms / 1 Car Garage Living sf – 1,123 Lot sf – 9,302 Yr Built - 1970 Slab Brick Repair Estimates NEEDS: Kitchen, Bathrooms, Flooring, Paint, Misc. TOTAL Estimate of $12,000 WONT LAST LONG Property Under Contract. Contact metroproperties10k@gmail.com

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