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Updated over 8 years ago on . Most recent reply

User Stats

291
Posts
10
Votes
Josh Winkler
  • Real Estate Agent
  • Plano, TX
10
Votes |
291
Posts

Sparkman Estates Flip - GREAT INVESTMENT

Josh Winkler
  • Real Estate Agent
  • Plano, TX
Posted

This is a 4/2/2 2506 sqft house on the SE side of Webb Chapel/Royal. Houses in this neighborhood are going for $197-206/sqft rehabbed, so we priced ours at $191/sqft since it's a bit bigger. The house needs a new HVAC, some foundation work, and a new roof in addition to the cosmetics, so we put in a healthy budget to reflect that.

Price: $303,000
Rehab: $80,000
ARV: $480,000
Potential Gross Profit: $97,000


Subject picture link- https://www.dropbox.com/sh/q6st8m32wh4pmae/AADwrX9...

Comps link- http://matrix.ntreis.net/Matrix/Public/Portal.aspx...

For further information call:
757-897-6937

Josh

Offering

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