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kdessinger Category: Big Deals
Current Grade: A
Total Views: 667
Member Comments: 0
Posted on: 10/05/2007
Posted by: kdessinger
Blog Points: 124
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19322 WHITEWOOD
Spring, TX 77373
SRF - 3/2 - 1,823ftsq


Income: $129,900
ARV: $129,900 (Low comps)

Expenses: $107,885
Purchase Price: $68,900
Closing Costs: $1,072
Holding Costs: $7,913
Rehab Quote: $30,000

Strategy:Double Close

Time Line:2 Months

Profit: $22,015
Gross margin after financing: $22,015

*Note tax benefits are not added into the potential profits.
If your interested contact me.
Current Grade: A
Category: Big Deals
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