OFF-MARKET: Fairfax Rental - 78/10/110/1150 Rents

[Lyall Storandt]

Greetings!

We have a great new off-market property available in the Fairfax area of Spring, just north of Houston.

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

Price: $78,000.00

Rehab: $10,000.00

ARV: $110,000.00

Rents: $1,150 / Month

Sherman Bridge out-of-pocket expense:

- Flip: $16,102 / Estimated pure profit: $8,865 / Cash-on-cash return: 47%

- Rental: $13,583 / Estimated monthly cash flow: $505 / Annual ROI: 39%

Square footage: 1,133

Bedrooms: 3

Bathrooms: 2

Garage: 1

Year built: 1983