I think this is a SOLID
rental!!! Rents are at $1350-$1,400 a month. however, for a flip, I think you can
say $135,000 -$140,000 is going to be top of the market. The
acquisition agent says that he determined the value via price per square foot
in the area. he is saying that we are worth $73/SqFt after rehab.
there are houses that have sold for as high as $76/SqFt with not very
much rehab done to them and they did not have a pool. With a $130,000 ARV and as a rental, after the property has been refinanced,
you will bring in about 26% ROI!!!
JD Castillo
214-650-5493
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