Delightful Dallas Buy/Hold Rent:$1195

[Telless Cade]

ARV - $119,900
Rehab - $17,500
Sell - $81,000
Monthly Rental Rate - $1,195

Solid brick property in Dallas. Property has attached 1 car garage. Larger floorplan than most properties in the area, has really large 2nd living area. Pier and Beam foundation in good condition, see no issues. Pretty straight forward cosmetics needed with updated electrical. This would be a great Rental Hold Property with good up front cash flow and appreciation potential looks to be strong. Sits on a nice corner lot. Up and coming area with good rents.

3831 Summitt Ridge was the only true fully renovated sold comp. That was an investor buy and rehab that sold for $140K at $101 per foot with FHA financing in under 30 days. Our property is larger than that but shooting for a much lower price per square foot and overall lower ARV. Its a really good flip comp but the only recently fully renovated comp on the market.

Let me know if you have any questions and call 214-974-8882 for showing access.