Dallas - 15.43% ROI - Conventional - 34K Cash Required Purchase

[Joshua Drummond]

Brand new off market home for Dallas Texas in Fourney. Will be finished Rehab and renovation within 2 weeks, tenant moved in before closed. 

Numbers - 

Purchase Price - $158,000

Down Payment = $31,600(20%) 

Closing Costs = $2,844(1.8% For BP Members) 

Loan Amount - $126,400

Estimated Monthly Net Cash Flow Conventional Financing - $408.22 

Estimated Annual Vacancy and Expenses - $360

Estimated Monthly Net Cash flow after vacancy and maintenance - 375.22 (14.29%)

Total Cash needed for Down payment + closing costs ($34,444)

Talk Soon - Will keep on here for a few hours before sending out to core group of investors.