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Category: Big Deals Current Grade: ? Total Views: 564 Member Comments: 0 |
Posted on: 09/12/2007 Posted by: kdessinger Blog Points: 124 View all blogs >> |
This rehab deal came across my desk today. I've already analyzed it, pulled comps and I believe its a good money maker. I have a PDF package available. I cannot take advantage because I'm maxed out with work.
14210 CELLINI DR
Cypress, TX 77429
SRF - 3/2/0 - 1660ftsq
Income: $115,000
ARV: $115,000 (Low comps)
Expenses: $99,324
Purchase Price: $78,000
Closing Costs: $1,144
Holding Costs: $7,180
Rehab Quote: $13,000
Strategy:
Rehab + Double Close
Time Line:
2 Months
Profit: $15,676
Gross margin after financing: $15,676
*Note tax benefits are not added into the potential profits.
If your interested contact me.
14210 CELLINI DR
Cypress, TX 77429
SRF - 3/2/0 - 1660ftsq
Income: $115,000
ARV: $115,000 (Low comps)
Expenses: $99,324
Purchase Price: $78,000
Closing Costs: $1,144
Holding Costs: $7,180
Rehab Quote: $13,000
Strategy:
Rehab + Double Close
Time Line:
2 Months
Profit: $15,676
Gross margin after financing: $15,676
*Note tax benefits are not added into the potential profits.
If your interested contact me.
