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Josh Winkler
  • Real Estate Agent
  • Plano, TX
10
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291
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Great 3/2/1 FLIP IN LAKE DALLAS

Josh Winkler
  • Real Estate Agent
  • Plano, TX
Posted May 30 2016, 13:56

This is a nice return on an easy rehab-and-rent townhouse within walking distance of Lewisville Lake! Right near Lake Dallas, Middle School, this 3/2/1 1619 sqft townhouse needs very little rehab/updating to bring some nice cashflow! Also NO HOA, so that keeps the CAP high :)


After putting the necessary rehab, I see you getting between $1300-1400/month. The best rental comp in the packet is 719 Cain St due to it being the same age. It is 400 sqft smaller than this and it gets $1200/month.


Price: $105,000
Rehab: $10,000
ARV: $139,000
Potential Gross Profit: $24,000


For further information call:
757-897-6937
Josh
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