$$$ GREAT INVESTMENT OPPORTUNITY FOR SERIOUS CASH BUYERS / INVESTORS $$$ • Great property for investors who flip, buy and hold, or owner finance. • Location: on 1614 Bland St in Wichita Falls, TX 76302 • Have signed contract from seller and will assign to CASH BUYER for FIRM $10,500 + Sellers & Buyers Closing Costs. • 1095 sqft, 2 bedrooms, 1 Bath, Sunroom, Garage + Carport, Shed in Backyard Garage could be converted to 3rd Bedroom adding 180 additional sqft feet & $8,000 to the ARV • ARV Based on Current Livable Sqft: $45 sqft * 1095sqft =$49,200 • Estimated Repairs: 14 windows + reframes * $300 = $3600, Fix and refinish hardwood floors 1095sqft @ $2.50 = $2800, Replace drywall ceilings in three rooms + general holes, etc. = $2000, Paint Interior and Exterior $3500-$4000, Miscellaneous $2,000 - $3,000. • Total Estimated Rehab = $12,000-$15,000 • Buying / Holding / Selling Costs for Flip = $49,200 * 15% = $7400 • Purchase Price: $10,500 + Closing Costs ($800 + $556 for taxes) = Estimated $11,856 • FLIP POTENTIAL PROFIT= $$$ 12,000-15,000 $$$ • Area Property Rents : $550-$650 per month • Owner is very private and sentimental to this property, so he/she has allowed me one showing to review the property. • Property will be cleaned out over the weekend compared to the current condition on listed pictures • Serious Cash Buyers please respond / reply to this CL AD and I will email you with the viewing date and time once scheduled which should be sometime next week ( 1.30.17 to 2.3.17) • Please save your time and mine and don't respond if you're NOT A CASH BUYER. • ( $350 commission paid out of assignment to any AGENT who brings a Verified CASH BUYER with a minimum of an $10,500 purchase price + Seller's & Buyer's Closing Costs.)
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