4 bed / 3.5 bath / 3 car garage FLIP Property in Desoto, IRR 30.03%

SOLD or No Longer Available

Sorry previous email was missing picture link, comps, property link and financial analysis Wholesale Deals for Discount & Cashflow Real Estate Investors. Brought to you by Casa Deals. *NEW WHOLESALE DEAL AVAILABLE*​​​​​​​ 4 bed /3.5 bath /3 car garage FLIP Property in Desoto This single family home is located in W C Davis R Subdivision. Awesome opportunity to flip a custom home. Solid property that sits on a HUGE lot, more than 3/4 acre with a creek. Foundation is in good condition. It definitely will need a full cosmetic rehab. Tax records show it as a 3 bedroom but it's actually a 4 bedroom. The roof was recently inspected and found to be in good shape except there is a repair needed at the eave near the garage. One of the outside A/C units will need to be replaced. House has some really nice structural and custom features. We should have an appraisal report by the end of the week. Please contact us for a showing. Occupancy Status: Occupied - Do not disturb seller. A group showing is schedule for Friday 08/03/18 at 3pm. This is not an auction setting. First serve first come basis. ​​​​​​​ 4 bedroom 3.5 bath 3 car garage 3,128 sq ft living space W C Davis SR Subdivision Dallas County 35,039 sq ft lot *HUGE Built 1973 Brick home Slab foundation  ​​​​​​Contact 214.284.1733 mail@casadeals.com  Rehab / Repairs​​​​​​​ CLICK HERE FOR REPAIR ITEMIZED ESTIMATE Excel Sheet Format Foundation is good Roof is good overall but small repair near garage HVAC one unit needs replacement Electrical no known issues Plumbing no known leaks or issues​​​​​​​ Numbers​​​​​​​ ARV $259,000 ($82.80 PSF) Repairs Rehab $70,000 ($22.38 PSF) Rental Repairs $45,000 ($14.39 PSF) Market Rent $2,495 Asking Price $139,000 OBO Things to Know​​​​​​​ Title is ready at Patten Law Firm / Jeanice Hankins Closing 08/31/18  Occupancy Status: Occupied - Do not disturb seller. A group showing is schedule for Friday 08/03/18 at 3pm. This is not an auction setting. First serve first come basis. Please RSVP Financial Projections Illustrations are for demonstration purposes only, buyers do own due diligence and use your actual costs and numbers Flip Analysis – click for sheet IF ALL CASH - Gross Profit - $32,730.39 Total Cash Needed $213,319 IRR 30.03% Gain On Investment 10.01% IF HARD MONEY FINANCE - Gross Profit - $21,353.34 Total Cash Needed $32,019 IRR 200.06% Gain On Investment 66.69% ( 2 points, 10% interest - 70% ARV LTV ) =================== Rental Analysis – click for sheet IF ALL Cash - Cashflow $1,680.85 Cap rate 10.84% IF Rental Loan (30 YRS 8%) - Cashflow $255.05 Cap Rate 35.65% =================== Owner Finance Analysis – click for sheet Profit first 12 months $27,538 ROI first 12 months 14.81% Yearly Profit thereafter $13,293 Yearly ROI thereafter 7.15% ​​​​​​​ Property Link Reports CAD / TAX record RPR report SOLD & LEASE COMPS REPAIR ESTIMATE FEMA Flood Plain ZILLOW LINK TRULIA LINK GOOGLE MAPS SEE ALL AVAILABLE PICTURES   $5k non-refundable deposit POF required Cash or Cash Equivalent Funds Only (hard money, private money, pre-approved line of credit, etc) Buyer Always pays all standard closing costs unless specified otherwise Buyer do your own due diligence ***THIS IS AN ASSIGMENT OF CONTRACT. WE HAVE AN EQUITABLE INTEREST POSITION ON THIS PROPERTY. THIS PROPERTY IS UNDER CONTRACT WITH THE OWNER BY ONE OF OUR ENTITIES. AND WE ARE ASSIGNING OUR PURCHASE INTEREST IN THE PROPERTY. *** Texas Property Code § 5.086 BUY THIS HOUSE   text 'DFWDEALS' to 55498 to receive text notifications on new deals   DFW FLIPS Find & Post Wholesale Deals for Free SERVICES - DFW FLIPS Find & Post Services for Rel Estate Investors for Free DFW OWNER FINANCE HOMES Find Tenant Buyers & Post Your Owner Finance Homes for Free ​​​​​​​   SERVICES AVAILABLE TO YOU DEAL Funding available by Casa Deals Funding - ‘Private Money Brokerage’ GENERAL CONTRACTORS available by DFW Rehab Crew REALTY SERVICES and PROPERTY MANAGEMENT available by Early Bird Homes at eXp Realty  RESOURCES, CONSULTING and TRAINING available by Casa Deals Check Out Our Product & Services Spotlight  Visit RehabIQ to get access to possibly best repair estimate for Real Estate Investors in the planet! Free 30 days trial, no credit card required, if you want to keep it past 30 days use coupon code 'casadeals' for 20% off Notices - Disclosures - Disclaimers​​​​​​​ *Casa Deals does not claim to be the owner of all of the properties we market for sale. If we are not the owners then we simply have an equitable interest in the property or have a partner that does. All properties are sold for cash or hard money. Buyers responsibility to do your own due diligence and verify all information. Prices are NET to seller with buyer paying all closing costs. Opinions of value / rents are given as a courtesy and no guarantees are expressed or implied. Our properties move fast so contact us quickly if there is a property you want to purchase.  Casa Deals is a Real Estate Investment firm in the state of Texas. ARV and Repairs are based on a price opinion. All numbers should be verified independently. Information is not guaranteed, please do your own due diligence. *Casa Deals is not a United States Securities Dealer or Broker, or U.S. Investment Adviser.  Casa Deals and its representatives are Consultants and make no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and the Seller.  This is not a solicitation or offer of securities. Investment is offered only to qualified investors through a written Investment Agreement or Private Placement Memorandum. *All properties Subject to errors, omissions, deletions, additions, cancellation. All properties sold as is, where is with absolutely no representations written or oral. Buyer is to do their own independent due diligence. Buyer to verify all material facts including square footage. Property will not be considered under contract until signed contract and deposit received with all contingencies removed. Sales price is net to seller. *DO NOT ENTER PROPERTY WITHOUT BROKER OR AGENT: Broker and its affiliates do not give authority, either expressed or implied, to the recipient of this information to enter this property. A property inspection may be obtained by scheduling an inspection with an authorized broker or agent. *NON-REPRESENTATION: Broker and its affiliates do NOT represent the recipient of this information. *RISK OF LOSS: Real estate investment is speculative in nature and risk of loss can be substantial. The recipient of this information should carefully consider whether such investing is suitable for them. *CONFIDENTIALITY NOTICE: The information contained in this email is confidential. This information is strictly exclusive for the use of the original recipient(s). If you are not the original recipient, you are hereby notified that any use, distribution or copying of this information is strictly prohibited.  Were you forwarded a copy of this email? Join our direct list for immediate notification of our hottest properties the moment they become available. Just click here and fill in this form.