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.

1203 MOSSRIDGE DR
Missouri City, TX 77489
SRF - 3/2/0 - 1,391ftsq

Income: $99,900
ARV: $99,900 (Low comps)

Expenses: $85,008
Purchase Price: $66,000
Closing Costs: $1,072
Holding Costs: $6,436
Rehab Quote: $11,500

Area Rents: $900-1100

Strategy:
Rehab + Flip or
Rehab + Hold for cashflow

Time Line:
2 Months

Profit: $14,892
Gross margin after financing: $14,892

*Note tax benefits are not added into the potential profits.
If your interested contact me.

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