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Updated almost 10 years ago on .

User Stats

83
Posts
31
Votes
Sid Siddiqui
  • Real Estate Investor
  • Bedford, TX
31
Votes |
83
Posts

Cash Flow Rental – For Sale In Fort Worth, TX 76120

Sid Siddiqui
  • Real Estate Investor
  • Bedford, TX
Posted

                            * CASH FLOW * CASH FLOW * CASH FLOW*

$160,000 OBO (Cash or Hard Money Equivalent)

The Property is in a very quite neighborhood. Lots of new construction in the surrounding areas. Offered at a price well below the Property Tax Value of $193,686

This house was built in 2008

Currently rented to section 8 tenant at $1,220 per month, lease currently set to expire in April 2016. As this property is newly built, it's just needed minor updating through out the house. This 2964 square foot single family home has 4 bedrooms and 3.0 bathrooms

ADDRESS: 7136 Canisius Ct, Fort Worth, TX 76120

PRICE: $160,000 (Cash or hard money)

REPAIRS: Between 5K - 8K (Rental repairs or more for the flip)

ARV (AFTER REPAIRED VALUE) - $205,000

About Property:
Property is tenant occupied, showings will be by appointment only. Price is well below the Tax Value of the house, ARV is very conservative due to not a lot of sales in the area.
Open floor plan, huge Kitchen with breakfast area. This 2964 square foot single family home has 4 bedrooms and 3.0 bathrooms

About Repairs:

For Rental – Repairs are between $5 – $8K

For Flip – Estimated $15,000 (Replace front window glass, Service 2 AC units, Carpet/flooring/paint, Kitchen install granite and address the bathrooms then clean up)

ARV – $205,000 +

Miscellaneous:
Please call for showing, we will be only showing by appointments only or group showing will be scheduled if there's a lot of interest.

Pictures: https://www.dropbox.com/sh/qr9flqsli69j66l/AAB1o-qYQe-Tn-RH__AZ52Y9a?dl=0

Tax Value: http://www.tad.org/property-data-sheet-residential?keyword=41286316

Call Sid @ (682) 429-3962

Offering