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Category: Big Deals Current Grade: ? Total Views: 1097 Member Comments: 0 |
Posted on: 10/15/2007 Posted by: kdessinger Blog Points: 124 View all blogs >> |
2211 Stonewood
Missouri City, TX 77489
SRF - 3/2 - 1,746ftsq
Comments:
Fantastic buy. Fix and rent!
Income: $114,900
ARV: $114,900 (Low comps)
Rental comps: $950-$1,100
Expenses: $98,310
Purchase Price: $77,000
Closing Costs: $1,136
Holding Costs: $7,174 (2 mos)
Rehab Quote: $13,000
Strategy: Double Close
Rehab Time: 2 Months
Profit: $16,590
Gross margin after financing: $16,590
*Note tax benefits are not added into the potential profits.
If your interested contact me.
Missouri City, TX 77489
SRF - 3/2 - 1,746ftsq
Comments:
Fantastic buy. Fix and rent!
Income: $114,900
ARV: $114,900 (Low comps)
Rental comps: $950-$1,100
Expenses: $98,310
Purchase Price: $77,000
Closing Costs: $1,136
Holding Costs: $7,174 (2 mos)
Rehab Quote: $13,000
Strategy: Double Close
Rehab Time: 2 Months
Profit: $16,590
Gross margin after financing: $16,590
*Note tax benefits are not added into the potential profits.
If your interested contact me.
