OFF-MARKET: Pine Valley Flip - 85.5/30/150

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OFF-MARKET: Pine Valley Flip - 85.5/30/150

Licensed Real Estate Broker & Investor · Houston, TX · Member since 2012 · 521 posts · 104 votes

Greetings!

We have a great new off-market property available in the Pine Valley area near the University 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: $85,500.00

Rehab: $30,000.00

ARV: $150,000.00

Rents: $1,100+ / Month

Sherman Bridge out-of-pocket expense:

- Flip: $26,595 / Estimated pure profit: $11,542 / Cash-on-cash return: 39%

- Rental: $19,416 / Estimated monthly cash flow: $316 / Annual ROI: 17%

Square footage: 1,350

Bedrooms: 4

Bathrooms: 1

Garage: N/A

Year Built: 1950

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