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Stephen Salerno
  • Addison, TX
7
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99
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Great Higher End Denton Buy-Fix-Sell Opportunity

Stephen Salerno
  • Addison, TX
Posted Jun 19 2014, 08:55

ARV $415,000

Investor Cost $267,000 (Cash and Hard money only!) 

Rehab: $65,000

The house is just under 3000 sqft now but after enclosing the atrium and building a bonus room above the garage you will be closer to 3700. The atrium is 19x19 (361 sqft) and the garage has 655 square feet. You should be at least 500 square feet out of there. Other than that a nice cosmetic update to this house and I think you can get 415,000 no problem. The house is set up for a mid-century modern look to this house and it will be very lucrative.

The floor plan is a choppy but the repairs break down has plenty of cash to fix it and make the house open and modern.

Down payment 7k

Closing: 6/30

For more info and showings Please give me a call. 214 793 1246

Rehab Breakdown:

Kitchen-8

Bathrooms 8.5

Paint- 6.5

Flooring 13.5

Doors 1.5

Exterior (paint) 3.5

Atrium 2.5

Garage 1.5

Layout 2.5

HVAC-3( redo duct work in additional sqf and servicing older unit. )

Elect- 1.5

Plumb-1

Fense-3

Landscape-3.5

Lighting 2

Misc-3

Let me know if you have any questions!

Comp Links.

Customer Full Report
CMA Customer Report

Photos;

https://www.dropbox.com/sh/2ueyzf2o1sp4fxd/AADZnBonqw599bkqu8wy9IwAa