NEW PROPERTY: North Hill Estates Flip / Rental - 152/35/230/1800

[Lyall Storandt]

Greetings!

We have a great new property available in the North Hill Estates area of Spring (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: $152,000.00

Rehab: $35,000.00

ARV: $230,000.00

Rents: $1,800 / month

Sherman Bridge out-of-pocket expense:

- Flip: $39,318 / Estimated pure profit: $13,078 / Cash-on-cash return: 17%

- Rental: $36,960 / Estimated monthly cash flow: $554 / Annual ROI: 16%

Square footage: 2,623

Bedrooms: 4

Bathrooms: 2

Garage: 2

Year built: 1972