Great Investment Buy and Hold Lochwood property in Dallas

[John Preston]

Great opportunity to Buy and Hold an updated Lochwood property under $200K. Property was fully renovated in 2015 with new Electric Panel and HVAC along with all cosmetics. Property was Leased on a 2 year for $1,500 per month. Tenants lease ends 6/18 and property will be vacant at closing 6/20. Current market rents show $1,650 p/mo. Great hold opportunity currently with flip potential in the future.Contact me for more information regarding this property.

Sales Price - $197,000

Rehab - $3,000 (make ready if needed)

Rental Rate - $1,650