832 W Jones St, Livingston, TX 77351
This 3 bedroom / 2 bathroom rental makes sense for any rental investor, even in today's changing real estate market. Prime location in Polk County, massive long-term appreciation potential!
Property is VACANT. Please contact Dispo Manager for walkthrough options.
Deal Takeaways:
Low cost flip or BRRRR
Lots of equity built right into the deal
Financials:
ARV: $200,000
Purchase Price: $114,300
Estimated Profit Details:
$200,000 ARV
(*) 94% for sale commissions
(-) $114,300 purchase price
(-) $40,000 rehab budget
(-) $5,000 closing / holding cost
(=) $28,700 profit
Rental Profit Details:
$1,700 estimated monthly rent
(-) $233 monthly tax
(-) $110 monthly insurance
(-) $170 property management
(-) $170 recommended allocation for repairs, vacancy, etc
(=) $1,017 net monthly cash flow
Property Details:
⭐️ 3 Beds / 2 Baths
⭐️ 1970 Year Build
⭐️ 1,736 Home Square Feet
⭐️ 22,085 Square Feet Lot Size
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