NEW PROPERTY: Kingwood Flip - 151/30/230/1800 Rents

[Lyall Storandt]

Greetings!

We have a great new property available in the Forest Cove Country Club Estates area of Kingwood, TX (Houston suburb).

Please call me directly at 405-361-1341 if you're interested in this property and have a verifiable proof of funds!

Price: $151,000.00

Rehab: $30,000.00

ARV: $230,000.00

Sherman Bridge out-of-pocket expense:

- Flip: $33,497 / Estimated pure profit: $24,576 / Cash-on-cash return: 37%

- Rental: $25,755 / Estimated monthly cash flow: $520 / Annual ROI: 21%

Square footage: 1,936

Bedrooms: 3

Bathrooms: 2

Garage: 2

Year built: 1976