Dallas, Texas Buy-Fix-Sell ***Lakewood***

[Stephen Salerno]

Great Buy-Fix-Sell Opportunity in a very hot area of Dallas. This house is serviced by Lakewood Elementary. A very popular public elementary in Dallas.

ARV 420,000 Square Footage 2288

Investor Cost: 286,000 Bedrooms 4

Rehab Estimate 50,000 Bathroom 3

CASH OR HARD MONEY ONLY

The house is in overall good condition with no signs of foundation issues, updated electrical, and a two year old roof. The HVAC needs to be replaced. The rest of the budget is towards cosmetically updating the house to neighborhood standards and reconverting the garage back.

This house does back up to the Dart Light rail tracks

rehab breakdown:

Kitchen $7,000 Baths $6,000 Paint $3,500 Flooring $10,000

HVAC $5,500 Windows $4,500 Exterior $2,000 Garage $2,000

Landscaping $2,000 Demo $1,000 Clean Out $1,500 Misc. $2,500

Lighting $1,500 Doors $1,500

Pictures: Copy and past link to see pics

https://app.box.com/s/yg170l6rvvozkai1hh8t

Stephen Salerno
Licensed Real Estate Agent #624451
NetWorth Realty of Dallas/Fort Worth# 587060

5057 Keller Springs Rd Suite 300
Addison , TX 75001
(214) 373-9000 Office
(214) 793-1246 Direct
(214) 373-0900 Fax
[email protected]