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DEAL: Rehab | $29K Proft |
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Category: Big Deals Current Grade: ? Total Views: 1073 Member Comments: 0 |
Posted on: 10/15/2007 Posted by: kdessinger Blog Points: 124 View all blogs >> |
9127 Covent Garden
Houston, TX 77031
SRF - 4/2.5 - 1,746ftsq
Comments:
Great Buy. Fix it and sell!
Income: $159,000
ARV: $159,000 (Low comps)
Expenses: $130,514
Purchase Price: $89,900
Closing Costs: $1,240
Holding Costs: $9,374 (2 mos)
Rehab Quote: $30,000
Strategy: Double Close
Rehab Time: 2 Months
Profit: $29,386
Gross margin after financing: $29,386
*Note tax benefits are not added into the potential profits.
If your interested contact me.
Houston, TX 77031
SRF - 4/2.5 - 1,746ftsq
Comments:
Great Buy. Fix it and sell!
Income: $159,000
ARV: $159,000 (Low comps)
Expenses: $130,514
Purchase Price: $89,900
Closing Costs: $1,240
Holding Costs: $9,374 (2 mos)
Rehab Quote: $30,000
Strategy: Double Close
Rehab Time: 2 Months
Profit: $29,386
Gross margin after financing: $29,386
*Note tax benefits are not added into the potential profits.
If your interested contact me.
