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18
Posts
9
Votes
Gerald Hand
  • Flower Mound, TX
9
Votes |
18
Posts

Flip and/or Rent/BRRR Flower Mound, Texas

Gerald Hand
  • Flower Mound, TX
Posted

Annabel Dr, Flower Mound, TX 75028

ARV: $522,000

REHAB: $53,500

Cost: $375,000

earnest money: $7,500

Call Gerald 214 675 2853

Description: Huge 2 story with pool & hot tub walking distance to Marcus HS in N Flower Mound. Currently vacant, house needs basic cosmetics, updating and foundation repair. Roof, AC all good, convenient to shopping, 3 car garage, this is a divorced family and they've had 4 deals fall through. time is of the essence. ARV is conservative and inline with Comps at $122/sf. I believe it could fetch as much as $542,000 ($127/SF) but I am playing it conservatively. Local rents are approximately $.90/sf

Offering