Realtor · McKinney, TX · Member since 2018 · 60 posts · 10 votes
Off Market Property in Fair Park. This house is a cash cow with rents averaging 1200/mo! The house is a 3/1/0 and is about 1300sqft. (The house is 26' x 50' I have measured and verified) Our BPO is set at a conservative $78.84/sqft, while updated homes in the area are selling for $83.33/sqft-$108.62/sqft. Our Rehab consists of foundation, roof, and a cosmetic overhaul inside. Over all this should cash flow like crazy and the area is experiencing some exciting changes. Get in on the ground floor.
BPO: $102,500
Rehab: $35,000 Price: $47,980 (all-in, this includes your closing costs)