14317 Murray Rd Houston, TX 77044

This 1980 built, 2 bed / 1 bath property in Houston, TX makes sense for any flipper, even in today's changing real estate market. Prime location and huge discount in Harris County!

Financials:

ARV: $165,000

Purchase Price: $56,500

Profit Details:

$165,000 ARV

(*) 94% for sale commissions

(-) $56,500,000 purchase price

(-) $70,000 rehab buget

(-) $5,000 closing / holding cost

(=) $23,600 profit

Rental Profit Details:

$1,350 monthly market rents

(-) $44 monthly tax

(-) $140 monthly insurance

(-) $135 property management

(-) $135 allocation for repairs, vacancy, etc

(=) $896 net monthly cash flow

Property Details:

2 Beds / 1 Bath

1980 Year Build

1134 Home Square Feet

10,000 Lot Size

May 31st, 2023 Closing

Vacant at Close

Full rehab project

Location Details:

Located near Sheldon Lake and the Beaumont Hwy. Great location in NE Houston!