Discounted Home In Great Neighborhood!
Property Features:
Fixer-upper but livable, this 3-bedroom, 2-bath home is located near Brooks City Base. With a spacious living room and a huge backyard, it's perfect for families. The property is within walking distance from an elementary school, adding to its convenience not to mention HEB and tons of shopping malls around. Similar homes in the area sell for around $225,000, making this a promising investment opportunity. Call now to schedule a showing
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FLIP EXIT STRATEGY
Purchase $130k
Closing cost: $5k
Rehab $25k
Sales price $225k conservative (can go higher) - 5% listing commission – $5k Estimated closing cost = $204k - $160K All In = $45k Profit
ESTIMATED NET TO SELLER $45k Minimum
OWNER FINANCE EXIT STRATEGY
Sales price $160k
$20k down payment
10% interest
30 year note
$1,230.00 monthly payment principal and interest only! (Taxes & Insurance not included)
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