Address: 1422 Rockbrook St, Lancaster TX 75134
3-bedroom / 2 bath Single Family Home
Property is closing occupied with a 4-week leaseback.
Contact the Dispo Manager for access.
Deal Takeaways:
- Easy SFH Flip
- Brick exterior
- Lots of potential
- HVAC may need repairs (unknown)
- Roof 20 years old but still in good shape!
Financials:
ARV: $260,000
Purchase Price: $154,000
Estimated Profit Details (Flipper/MLS Sale):
ARV: $260,000
(*) 94% for sale commissions
(-) $154,000 purchase price
(-) $52,500 estimated rehab costs
(-) $5,000 esti. closing / holding cost
(=) $25,460 profit
Estimated Rental Profit Details:
Estimated Rental Income: $1,749.00
(-) $51.25 monthly tax
(-) $165.00 monthly insurance
(-) $165.00 property management (estimated recommendation)
(-) $165.00 recommended allocation for repairs, vacancy, etc (estimated recommendation)
(=) $1,202.75 a month
Property Details:
1,192 Home Square Feet
7,800 SQFT Lot Size
Closing ASAP.
Bedrooms | |
Bathrooms | |
Sq. footage |