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Category: Big Deals Current Grade: ? Total Views: 1138 Member Comments: 0 |
Posted on: 10/15/2007 Posted by: kdessinger Blog Points: 124 View all blogs >> |
12153 Poulson
Houston, TX 77031
SRF - 3/2 - 1,575ftsq
Comments:
P/C $4500 + Kitchen $3000 + Baths $5000 + Exter $1000 + Electric $1000 + Misc $1000
Income: $114,900
ARV: $114,900 (Avg comps)
Expenses: $97,286
Purchase Price: $73,500
Closing Costs: $1,112
Holding Costs: $7,174 (2 mos)
Rehab Quote: $15,500
Strategy: Double Close
Rehab Time: 2 Months
Profit: $17,614
Gross margin after financing: $17,614
*Note tax benefits are not added into the potential profits.
If your interested contact me.
Houston, TX 77031
SRF - 3/2 - 1,575ftsq
Comments:
P/C $4500 + Kitchen $3000 + Baths $5000 + Exter $1000 + Electric $1000 + Misc $1000
Income: $114,900
ARV: $114,900 (Avg comps)
Expenses: $97,286
Purchase Price: $73,500
Closing Costs: $1,112
Holding Costs: $7,174 (2 mos)
Rehab Quote: $15,500
Strategy: Double Close
Rehab Time: 2 Months
Profit: $17,614
Gross margin after financing: $17,614
*Note tax benefits are not added into the potential profits.
If your interested contact me.
