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Updated over 8 years ago,

User Stats

3
Posts
0
Votes
Juan A.
  • Flipper/Rehabber
  • Houoston, TX
0
Votes |
3
Posts

3/2 Home w/ attached 1/1 rental in Houston! Owner occupied.

Juan A.
  • Flipper/Rehabber
  • Houoston, TX
Posted

FINANCIALS

  • Estimated ARV: $315,000
  • Estimated Repairs: $15,000
  • Price: $195,500


CASH OR HARD-MONEY ONLY
$2,000 non-refundable deposit
Buyer pays all closing costs

DETAILS

  • 3 Bedrooms / 2 Bathroom with formal dining + 1 bed / 1 bath apartment
  • Living Square Footage: 2,200
  • Lot Size: 1.2 Acre

ADDITIONAL VALUE: 1 Bedroom 1 Bath apartment currently renting for $700/mo

GOOD CONDITION

  • ROOF, Most Fencing, Tile (living, breakfast, kitchen, bathrooms, and apartment)

REPAIRS

  • Small sheet rock repair (5 inch by 5 inch square) $150
  • Interior needs to be painted $2500
  • Cabinets in the kitchen and bathroom need to be painted $1100
  • Carpet in the bedrooms and in the home office needs to be replaced $1800
  • Floors in the mudroom needs to be replaced $350
  • Bathtubs/Bath surrounds need to be refinished or replaced $2500
  • Some siding needs to be replaced $3500
  • Some fencing needs to be fixed $250
  • Bathroom counters need to be replaced $$500
  • Landscape needs to be updated and refreshed $1100
  • Front door needs to be replaced $350
  • Kitchen appliances need to be replaced $1100

TOTAL REPAIR ESTIMATE: $15,000

NEED TO CLOSE IN 30 DAYS OR LESS

KEEP IN MIND THAT THESE PROPERTIES DID NOT INCLUDE A $700/mo RENTAL

You can reach me at 214-740-3069.

Offering

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