Dallas, Tx. 75229 – Occupied Cash-Flowing Rental

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    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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