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Updated almost 8 years ago,
Mesquite Flip or Rental!
ARV: 159k
Cost: 95k
Rehab: 35k (for flip)
Solid flip or rental! Original sqft of this house is 1149, but it has a very well done add on that looks exactly like the original inside and out with windows, plumbing, electrical and a/c. The actual livable sqft is 1663 sqft. I verified it with a linear roller. It is a 3/2.5/2, which a lot of houses only have 1.5 bath and 1 car garage. 1449 Eastern Heights is pending 11 days at 165,000 and the garage was converted. Comps are selling well over $100/sqft. I put ours at $95/sqft. Rehab includes roof, windows, a/c, some electrical and basic cosmetics. I think you can get away with $25k for rental. You can rent this house out for$1200-1250/month.
Pictures
https://www.dropbox.com/sc/anq6txdoa64lan1/AAB9Abz...
If interested in seeing the packet/property, please inbox me.
Cash or hard money financing only.
Down payment: 5k