Dallas-Fort Worth Real Estate Investor Club

Rehab Contract For Sale

  • 07 Jan 2014 8:16 PM
    Message # 1470447
    Deleted user

    11601 Annandale Rd.
    Crowley, Tx  76036
     
    The current owner is 3/4 the way through renovating this 1456 square foot 4 bed 2 bath, reducing your rehab costs and your rehab time.  This home also comes with three acres of land and offers country living while still remaining close to the city.
     
    Though HomeSnap.com values this property at $128,300, we conservatively estimate the ARV at $115,000 (www.movoto.com/crowley-tx/11601-annandale-rd-crowley-tx-76036-402_11724692/).  
     
      • We estimate the rehab budget at $14,380 (itemized budget available upon request).
      • We are selling this contract for $66,000.
      • Your total investment (less carrying/closing costs):  $80,380, or 69.9% ARV.
     

    Thank you,

    David
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