Updated almost 9 years ago on . Most recent reply
Cash Flow in Grand Prairie 9 CAP
This is a 2/2 1184 sqft house which is a converted duplex (used to be 1/1 a side--still zoned DUPLEX). It needs a bit of work (see breakdown), but should rent out pretty easily as SFR or for a bit more work, you could reconvert back to a duplex to get a higher rent.
Price: $72,000
Rehab: $20,000
ARV: $110,000
Rent: $950/mo currently, $550-600/side as Duplex
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