Dallas, Tx. 75229 – Occupied Cash-Flowing Rental

[Randy Quay]

Please contact Randy Quay directly:
[email protected]
http://www.homewoodproperties.com

GROUP SHOWING – will be Tuesday, 3/14/17. Please provide your full name and phone number for the showing time or any other information about this property. Thank You!

Address
10835 Gable Dr.
Dallas, Tx. 75229
Mapsco 23-F
(The Gables at Royal Ln. Subdivision)
Dallas County

The Numbers
Estimated ARV – $150,000
Estimated Repairs – $7,000
Estimated Rent – $1,275
Estimated Rent Repairs – $5,000
Price – $110,000

Requirements
Cash or hard money only
$5,000 non-refundable deposit
Buyer pays all closing costs
Property to be sold as-is
Close Date: ASAP
We have told the sellers they can take what they want from the house and leave what they don’t want.

Please Do Your Own Due Diligence Before Signing Contract

Details
2 Bedrooms / 2 Bathrooms / 1 Car Garage
Living sf – 1,078
Lot sf – 3,920
Yr Built – 1984
Slab
Brick

This property is very clean. Property is currently rented through 7/31/17 at $1,125/mo. This is a bit below market rent of $1,275. Current tenants will have been there 2 years at 7/31/17. They are happy and would like to renew for 2 more years. Rent is collected electronically via ACH. Property manager is Signature Leasing. Buyer will be credited with $1,425 security deposit at closing.

Repair Estimates
NEEDS:
This property is very clean. Bathrooms, Misc.
TOTAL Estimate of $7,000 for retail, $5,000 or less for rental.

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