Dallas 7-Plex Cash Flow

[Stephen Salerno]

Net Worth Realty

Dallas – 75215

ARV: $150,000

Investor Cost: $125,000 (Cash or hard money only)

Rehab Estimate: $3,500

Estimated Gross Profit: $21,000

Square Feet: 1632

Bedrooms: 7

Bathrooms: 7

Great opportunity in Dallas! 7 units in total, 5 one bedrooms 2 efficiency units. This 7-plex has had the majority of work completed. Each unit just needs a window A/C unit. Landlord should pay all utilities and you will get $595 for the one bedrooms and $495 for the efficiency.

Cap Rate Analysis:

Gross yearly Rent: $47,580

MGMT 10% $4,758

Insurance: $3,000

Vacancy: $4,200

Maintenance: $4,200

Total expenses: $16,158

Net Operating Income: $31,422

Gross investment $135,000

ROI 23.6%

Call Stephen for more information and showings!

Net Worth Realty

Stephen Salerno

214-793-1246

[email protected]

5057 Keller Springs Rd. Addison TX

License # 624451