Address: 503 Schilling St, Baytown, TX 77520

2-bedroom / 1 bath Single Family Home 

Property is Vacant! Contact the Dispo Manager for access. 

Deal Takeaways:

• Great flip potential! Lots of equity! 
• Roof is older (unknown exact year)
• No HVAC
• Property in a nice area

Financials:

ARV: $190,000

Purchase Price: $95,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $190,000

(*) 94% for sale commissions

(-) $95,000 purchase price

(-) $40,000 estimated rehab costs

(-) $5,000 esti. closing / holding cost

(=) $38,600 profit

Estimated Rental Profit Details:

Estimated Rental Income: $1,300.00

(-) $41.91 monthly tax

(-) $130.00 monthly insurance

(-) $130.00 property management (estimated recommendation)

(-) $130.00 recommended allocation for repairs, vacancy, etc (estimated recommendation)

(=) $868.09 a month

Property Details:

1,466 Home Square Feet

5,998 SQFT Lot Size

Closing on May 10th, 2024