This deal has two diamonds in the rough houses on one lot. Location: 1408 34th St - Wichita Falls, TX 76302 ( Plus House to the direct left) 4 Bedrooms, 1 Bath, 1480 sqft, Carport Have signed contract from seller and will assign to CASH BUYER for FIRM $10,500 + Sellers & Buyers Closing Costs ($660) (All Estimates Below only based on 1st house---But Buyer Gets Two Houses For the Price of One!!! ) Estimated Rehab: $25,000 Total Investment: $10,500 (Purchase Price) + $660 Closing Costs + $25,000 Rehab = $36,200 Estimated After Repaired Market Value: $53,000 - $36,200 = $16,000 Profit !!! Estimated Rental Potential: $650-$750 per month $700 rent - $150 (Insurance and Taxes) = $550 mth / $6,600 annual cash flow. Cash on Cash Return On Investment: $6,600 Annual Cash Flow / $36,200 = 18.2% ROI Serious Cash Buyers please email me and I will email you back with the viewing date and time instructions Please save your time and mine and don't respond if you're NOT A CASH BUYER. View this and other properties at www.txpremierpropertiesllc.com and opt in to receive future notifications for this and all other discounted properties.
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