Off-Market Rental in Denton - 2 HOUSES!!!

[Jordan Wilson]

Great cash flow opportunity - 2 separately metered houses (3/1 & 2/1) on the same lot! Fantastic location within 1 mile of DCTA rail station. It should be no problem getting at least $300/room rent with a generous $20k budget for repairs & updates.

Price: $130,000 cash only

ARV: $160-190,000 (Difficult to comp because of 2 houses)

Rent Rehab: $20,000 (foundation, paint, flooring, bath, landscaping)

Rent: $1,600-$1,900/month ($300-$400 per room)

Closing: On or before 3/27/17