Cheap Dallas Rental/Flip

[Josh Winkler]

Small House in Fair Park. Would make a great rental @ 850/mo. Has decent equity capture as it is priced conservatively at $100,000 not taking into account the fact that our lot is 3 times the size of standard lots in the neighborhood. Rehab includes minor foundation, installing an HVAC, and updating kitchens, bath, and flooring, currently a 2/2 but 2nd living space just needs a closet to bump it to a third bedroom. Section 8 rents are $1070/mo!

ARV: $100,000
Rehab Estimate: $25,500
Price: $58,000 (including closing costs)
Rent: $850+/mo
Section 8: $1070/mo

For more information call:
757-897-6937

Josh