NEW PROPERTY: Nottingham Country Flip - 205/25/290/2500 Rents

[Lyall Storandt]

Greetings!

We have a great new property available in the Nottingham Country area of Katy (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: $205,000.00

Rehab: $25,000.00

ARV: $290,000.00

Rents: $2,500 / month

Sherman Bridge out-of-pocket expense:

- Flip: $45,698 / Estimated pure profit: $28,103 / Cash-on-cash return: 37%

- Rental (@ $2,500 / Month): $34,345 / Estimated monthly cash flow: $825 / Annual ROI: 25%

Square footage: 2,664

Bedrooms: 4

Bathrooms: 3

Garage: 2

Year built: 1978