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Updated about 12 years ago on . Most recent reply

User Stats

521
Posts
104
Votes
Lyall Storandt
  • Licensed Real Estate Broker & Investor
  • Oklahoma City, OK
104
Votes |
521
Posts

NW Houston Flip / Rental / Owner-Finance (77068)

Lyall Storandt
  • Licensed Real Estate Broker & Investor
  • Oklahoma City, OK
Posted

Greetings!

We have another property available in the Oak Creek Village area of NW Houston / Spring, TX.

Square footage: 2861

Bedrooms: 5

Bathrooms: 2

Garage: 2

Year Built: 1973

Price: $94,500.00

Rehab: $25,000.00

ARV: $155,000.00

Rents: $1,800 / Month

**Sherman Bridge Lending out-of-pocket expense:

- Flip: $22,469 / Estimated pure profit: $11,664 / Cash-on-cash return: 43%

- Rental: $21,384 / Estimated monthly cash flow: $832

Give me a call directly at 405-361-1341 if you have any interest in this property!

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