Easy Deal in Grand Prairie, Texas to Flip or Buy & Hold

[John Preston]

3/2/1 1359 sqft brick which was built in 2012 in a nice little neighborhood in Grand Prairie. This is great for an investor who is looking for something "easy". Newer builds are going for $108-117/sqft, and we priced us at $110/sqft to be conservative. Due to the fact that we are a newer build and have a garage, you will be top of the rental comps around $1250/mo. It does need a bit of foundation (have a bid for $2500), but only touch ups beyond that. We also budgeted to replace the flooring, just in case, but either way, this will be a quick turnaround to get this thing rented or sold!

Price: $117,000
Rehab: $8900