Dallas-Fort Worth Real Estate Investor Club

Cheap Cash Flow Property in 76111

  • 26 Feb 2016 10:43 AM
    Message # 3846058

    I have this listing posted on craigslist:

    For $27,500.00

    Great way to get started or just add another one to your portfolio.

    2 bedroom, 1 bathroom, 744 SF

    HVAC complete install including ducts and attic insulation about 3.5 years ago
    New shower valve about 2 years ago
    Water heater replaced about 1 year ago
    New stove 6 months ago

    Rent is currently $575/month with room to raise to $600/month (current lease expires in June)
    Taxes are about $55/month (Tax appraisal is $22,800)
    I pay insurance rates of about $65/month
    Buyer's expenses may vary

    No repairs required and current tenants are reliable, on-time payers who have been in the house for 8 months now. I can show bank statements and bank deposit copies that verify dates of rent deposits. Tenants deposit rent at bank - very convenient. 

    Very popular - rents very quickly.

    Cash only - NO OWNER FINANCE

    DO NOT DISTURB TENANTS

    Brian 817-691-1333


    BTW, I have another rental in Arlington that rents for 750/month which I would be willing to sell for 65K.

  • 29 Feb 2016 11:37 AM
    Reply # 3851214 on 3846058

    Brian can you send me the info on this property. Thanks 

    mujah.vernon@att.net 

    682-556-5821 cell

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