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Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
Jason Rawlings
  • Flipper
  • Dallas, TX
4
Votes |
11
Posts

$660 Monthly Cash Flow

Jason Rawlings
  • Flipper
  • Dallas, TX
Posted

Newly remodeled 4 Bedroom. 2.5 Bath house with $660 monthly cash flow.  Extra large master bedroom and bathroom.  New paint, flooring, appliances, fixtures, faucets, and garage door.   

Property is being sold Subject To current financing for $28,000. The monthly loan payment is $1233. Tenant in place with monthly rent of $1895. $660 monthly cash flow and 28% ROI if you manage yourself, or 24% if you use current management group.

There is low equity in the property after purchase, hence the Subject To.   The loans are set up to enjoy 27 years of high cash flow.  The equity should build fast with DFW appreciation and loan pay down.

Serious inquiries only.  I will text more photos to serious buyers.

Contact Jason

text= 417-438-2703

email= [email protected]

Offering

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