Two four-unit apartments 30 minutes south of Dallas TX

  • appartement
    8000 ft2
    bedroom 16 chambres
    bathroom 8 thermes
  • Sale & Rent
    $300,000
    statut : disponible
    année de construction : 2005
 description
 Rehab Work Needed
  • Floor
  • Paint Exterior
  • Paint Interior
  • Yard
 Services généraux
 distance
Carte de localisation
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 résumé

vue d'ensemble
Two four-unit apartments 30 minutes south of Dallas TX Sale & Rent
$300,000
Property ID: TX190519194
adresse: Login to View
ville: Itasca
Etat / Province: TX
Code postal: 76055
pays: USA


Rental Analysis

+ Purchase Price: $300,000
+ Purchase Closing Cost: $9,000
+ Rehab Cost: $10,000
Total Acquisition Cost: $319,000


Monthly Rent: $4,600
+ Annual Potential Rent: $55,200
- Vacancy (3%): $1,656
Annual Gross Income: $53,544
Annual Gross ROI: 16.78%


Flip Analysis

+ Purchase Price: $300,000
+ Purchase Closing Cost: $9,000
+ Rehab Cost: $20,000
Total Acquisition Cost: $329,000


+ Selling closing cost: $12,000
+ Agent Commision : $12,000
+ Insurance (6 Months) : $3,000
+ Utilities (6 Months): $3,000
+ Miscellaneous Expenses: $2,000
Total Holding Cost: $32,000


Total Flip Cost: $361,000
Projected ARV: $400,000
Net Income (Profit): $39,000
CAP Rate: 10.8%

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