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For sale 6 days ago

$229,900

3 bd ba 2000 sqft

Glenhaven Dr, Garland, TX 75042

Residential SFR Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$2,750

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Brian Connor

Off-Market Brick Garland Investment Property

The garage was converted into a 2nd living room. Investors should look at making that into the master suite next to the kitchen. 4th bedroom is pretty necessary.

Rehab - Roof, cosmetics, maybe move a wall or two to open up the space.

ARV - We have an almost identical comp that sold for $360,000 in May. Discounting the ARV $10,000 to account for market shift.
Rent rate comes in between $2600-$2800

Call/Text Brian for quicker response
2146634827

Location:

Glenhaven Dr, Garland, TX 75042

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.