4/2.5 Easy Rental - $1400+ Market Rent - Dallas 75249

[Andrew Herrig]

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Numbers:
Estimated ARV: $135,000 - $140,000
Estimated Repairs: $15,000 - $25,000
Estimated Market Rent: $1,250 - $1,450
Price: $90,000

(Ranges above reflect level of upgrade/rehab)

Address:
7327 Boisenberry Ln, Dallas, TX 75249

Pictures:
http://andrewbuyshousesdfw.us12.list-manage.com/track/click?u=4e62614c9c6c24e8064a92c76&id=556a9011aa&e=891378c3eb

Description:
1,908 sf / 4 bed / 2.5 bath / 9,418 sf lot / brick / slab foundation / built in 1979

This house is currently tenant occupied. We will have a showing sometime next week. Contact me for date and time.

DO NOT DISTURB TENANTS.

This is a great deal on a solid cash-flowing rental. Currently rented to Section 8 tenants through October 2016 at $1150 per month. Owner spent $8k recently on mostly exterior work (replaced and painted siding/trim, fencing, exterior doors, etc.) The garage has been converted to a game room, but could be converted back (not included in square footage). Roof ~15 years old, HVAC appears newer, no obvious foundation/plumbing/electrical issues.

The range of estimates above for rent, repairs, and ARV depends on what upgrades you want to do. If current tenants are kept, <$5k needed to fix miscellaneous items. For new tenants at lower end of rent range, will need paint/carpet as well. To get higher end of rent range, will need some upgrades to kitchen/baths.

Terms:
- Cash or hard money only
- $3000 non-refundable deposit
- Buyer pays all closing costs
- Property to be sold as-is
- Must close by 7/20/2015
- Please do your own due diligence