Property Details

Price – $60,000

ARV – $124,000
Gross Margin – $64,000

HOW CAN YOU PROFIT FROM THIS DEAL

• Add this to your rental portfolio for $1,200 monthly after rehab; well over the 1% rule!
• Do a moderate rehab, put it back on the market, and resell for market price for big profits.

Antione Fernandes

Disposition Manager

[email protected]

(512) 812-8317

• 3 Beds | 2 Bath
• Parking Slab
• Siding – Hard Plastic
• Stories – 1
• Built 1994
• 960 sqft
• Zestimate® $121,400
• Zestimate Rent®: $1,294
• Property Taxes – $1,990.54
• ARV $124,000

• Property will be vacant at closing or keep tenants in place at $1,000/month
• Rehab Level – Moderate
• Rehab Estimate (~$30,000-$36,000)
• Roof ~ 5 years old
• HVAC ~ 5-10 years old
• Electrical, Sidings, and plumbing are in a good condition
• All floorings, except bathrooms, were redone in November
• Mold remediation recommended
• The Interior was painted in November
• Pier and beam. Needs foundation work