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Real Estate Deal Analysis & Advice

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Walker Hinshaw
Pro Member
  • Investor
  • Denver, CO
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135
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Need Fort Worth Neighborhood Advice

Walker Hinshaw
Pro Member
  • Investor
  • Denver, CO
Posted Mar 30 2015, 22:02

I am looking at purchasing a turn-key property in Fort Worth, Texas and would like to know a little more about the area before I make up my mind on the deal. The details are below. Also, are there any considerations I need to take into account/things to look out for when dealing with a turn-key company?

1301 Whittenburg
Fort Worth, TX 76134
Purchase Price $118,900.00
Number of Bedrooms 3
Number of Bathrooms 2
Car Storage 2 Car Garage
Estimated Rent Range $1095-$1195
Rent Amount for Expense Calculations $1,195.00
Estimated Annual Property Taxes $1,289.00
Estimated Annual Homeowners Insurance $742.36
Estimated Annual HOA Dues $0.00
Estimated Annual Vacancy Expense (5%) $717.00
Estimated Annual Maintenance Expense (5%) $717.00
Estimated Annual Management Fee (10% and Lease Fee) $1,832.33
Year Built 1978
Square Footage 1,848
Price Per Square Foot $64.34

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