⭐️🧱 LOW Cost Flip in Corpus Christi | $70 K Spread | Pictures -> 🏡🪚

Description

Address: 2122 Harvard St, Corpus Christi, TX 78416

2-bedroom / 1-bathroom

Property is Vacant! Contact the Dispo Manager for access.

Deal Takeaways:

FULL Cosmetic work needed around the house
Roof age unknown
Window units, no HVAC
LOW-cost flip
Financials:

ARV: $110,000

Purchase Price: $46,000

Estimated Profit Details (Flipper/MLS Sale):

ARV: $110,000

(*) 94% for sale commissions

(-) $46,000 purchase price

(-) $36,500 estimated rehab costs

(-) $5,000 esti. closing / holding cost

(=) $15,900 profit

Estimated Rental Profit Details:

Estimated Rental Income: $1,385

(-) $100 monthly tax

(-) $110 monthly insurance

(-) $140 property management (estimated recommnedation)

(-) $140 recommended allocation for repairs, vacancy, etc (estimated recommnedation)

(=) $895 a month

Property Details:

858 Home Square Feet

5,009 SQFT Lot Size

Closing on March 22nd, 2024