!!!INVESTOR SPECIAL****RENTAL IN SEAGOVILLE, TEXAS*****

[John Preston]

This can be a solid rental or small flip. House is very clean and practically rent ready. Rental rates from $1,175-1,250. For a flip the comps were scarce, two were mostly original with minor updates and sold in the mid $130's range, one was completely updated and sold for $155,000 which is achievable with a nice finish out. Also that property is 100+ sqft smaller than our subject property. Original hardwood floors throughout can be sanded and stained for a newer condition. Minor foundation issues, and we will have bid soon. Roof is questionable, and we budgeted for a new one. There is Central heat , but no central air which has been budgeted to add as well. You can easily make this property into a full 3/2. Contact me for more information. 214-997-0444

Purchase Price: $97,000

Rehab: $23,500 for a flip / $10,000 or less for a rental

ARV: $130,000-$155,000