***SOLID BUY & HOLD DEAL IN GARLAND, TEXAS***
Clean rental in Garland. The numbers are to tight in my opinion to flip this. One comp did recently sell at 184K but that seems like an outlier. The other comps are showing 170K-175K. Market rents are $1375 a month, and I really don't think you need to do much to this to get market rent. All majors appears to be in great shape.
Broker Price Opinion*: $170,000
All in Price**: $135,000
Est. Rehab: $15,000
*This represents an estimated sale price for this property. It is not the same as the opinion of value in an appraisal used by a lender to approve a mortgage loan.
**Networth Realty now pays all standard closing cost excluding lender fees, HOA fees(if applicable), prorated taxes, insurance, or any other buyer elective expense.
John Preston | Licensed Real Estate – 688609
M: (903) 576-6360 O: (214) 997-0444
NetWorth Realty of Dallas-Ft. Worth, LLC