🏡 3 Bed Austin TX | Rental or Rehab | Massive Equity Potential! 💰

Attention Real Estate Investors: Austin TX! 3 Bed and 2 bath with 2 Car Garge. Great Fix and Flip Project in a Booming area! Or Get cash flow along with long-term tax depreciation! Tons of Potential for a Great Rental or Rehab Property. 

📞 Call or Text to Schedule an Appointment

314-222-7171

Property Details

👉 Join Our Direct Buyers List:  https://pricewholesalehouses.com/

Occupancy Status: Vacant
Access: Lockbox
Rent Estimate: $1,900/mo

ARV Comps:

104 S Mockingbird Cir Cedar Creek 78612 - (SOLD 340,480)

Strategies:

🛠️ Fix/Flip

Purchase Price $155K + (Rehab) $40k = (Total Investment) $195k

(ARV) $280k+ - (Total Investment) $195k

= (Gross Profit) $85k

🏡 Buy & Hold Rental

Purchase Price: $155K + (Rental Rehab) $30k = (Total Investment) $185k

(Rent Rate) $1900/mo +

💰 BRRR Method: (Refinance $146,250 at 7% Interest rate)

Purchase $155,000 + Rehab $30,000, Refinance $195,000 at 7% (75% of $195,000): (Loan Payment $973 + Taxes $240 + Insurance $100 = PITI $1,313 | (Rent Rate $1,900 - PITI $1,313)

= Monthly Cash Flow $587 | 17.5% Cash on Cash Return)

🏠 Property Highlights:

3 Bedrooms
2-Car Garage

🏠 Needs Attention: 

Junk Removal
Updates
Landscaping
Cleaning
Foudation Repairs

Additional Insights:

• Great area for rentals or fix & flips.
• Could rent for around 1,900/mo

Closing Title Company: Continental Title Company

📞 Call or Text to Schedule an Appointment

314-222-7171

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👉 Contact Us:
To view or make an offer, please contact us by calling or texting 314-222-7171 or emailing pricereidispo@outlook.com.

👉 How To Buy:
If you're interested in purchasing this property, you can download and fill out our as-is contract package by clicking the "Submit Offer" button. Please note that these properties sell quickly, typically we accept an offer within 24-72 hours. Closings are to be held with our preferred title company listed here or on our site.

👉 How We Work With Realtors:
Your commission is to be added to the wholesale price of the property being offered. Because these properties are at a deep discount there is plenty of "spread" to add on a commission. All of our properties close at the title company listed on our site or purchase agreement so standard commission instructions can be faxed or emailed and paid at the close of escrow.

Please note that we only work with serious cash buyers, and closings will take place at our preferred title company. A $5,000 non-refundable deposit (EMD) is required upon acceptance which will go towards the purchase price.

💰 Join Our Direct Buyers List:  https://pricewholesalehouses.com/