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Category: Big Deals Current Grade: A Total Views: 1172 Member Comments: 1 |
Posted on: 10/15/2007 Posted by: kdessinger Blog Points: 124 View all blogs >> |
6011 W Bellfort St
Houston, TX 77035
SRF - 4/2 - 3,018ftsq
Comments:
Big house on Bellfort in Westbury 5. Lock box - 5788
Paint $4K, Floor $6K, Kitchen $6K, Baths $7K, A/C $2.5K, Ext $2K, Roof $5K, landscape $2k, Misc $3K
Income: $204,900
ARV: $204,900 (Low comps)
Expenses: $174,689
Purchase Price: $124,000
Closing Costs: $1,581
Holding Costs: $11,608 (2 mos)
Rehab Quote: $37,500
Strategy: Double Close
Rehab Time: 2 Months
Profit: $30,211
Gross margin after financing: $30,211
*Note tax benefits are not added into the potential profits.
If your interested contact me.
Houston, TX 77035
SRF - 4/2 - 3,018ftsq
Comments:
Big house on Bellfort in Westbury 5. Lock box - 5788
Paint $4K, Floor $6K, Kitchen $6K, Baths $7K, A/C $2.5K, Ext $2K, Roof $5K, landscape $2k, Misc $3K
Income: $204,900
ARV: $204,900 (Low comps)
Expenses: $174,689
Purchase Price: $124,000
Closing Costs: $1,581
Holding Costs: $11,608 (2 mos)
Rehab Quote: $37,500
Strategy: Double Close
Rehab Time: 2 Months
Profit: $30,211
Gross margin after financing: $30,211
*Note tax benefits are not added into the potential profits.
If your interested contact me.
