It is not one of the massive 15 or 20 bedroom rentals, but it is a VERY nice, high-end furnished home with a spectacular view.Our broker estimates gross rental of 170K per year (and upwards of over 200K once the additions are completed).

Read the local ordinances and zoning be prepared with full details, site plan, traffic estimates, noise, smoke, etc

Curious Yes, meant the estimated after repair value.

In addition, purchased a lot to hold which is currently on the market with an estimated return of 35k (bought during the housing crisis).

Current Rent: 1100 one side month-to-month - market at 1400 - 1600 (agent tip)Offered: 360k + closing creditsDown payment: 3.5%Vacancy, CapExp and repairs estimation: 5%Rehab Costs/ ARV: Pending inspection and appraisal, but right off the bat, both kitchens and one set of floors, small items need updating.

For this particular project I have estimated all rent-roll based on section 8 rates which is also suitable for the area.

Taxes: Here's a link to the Dallas CAD (Central Appraisal District)http://www.dallascad.org/SearchAddr.aspx 1) Type in the address of the property you would like to find the taxes on.2) Then click the address hyperlink.3) The estimated taxes will be at the bottom of the page. 

The purchase price is $45,000, and I estimated, with that bid in mind, $6,000 for repairs.

Also, do you know what is an estimated rehab per sqft?

Additional $23,600 estimated in repairs.