$100,000 After Repair Value -
$52,000 Asking Price -
$25,000 Cost of Repairs =
$23,000 Potential Profit

Property Details

Asking Price $52,000

After Repair Value $100,000

Costs of Repairs $25,000

Potential Profit $23,000

Living Area 824 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

Little 2/1 framer in a quickly growing area on SE side of Fort Worth. There\'s a new build across the street and multiple flips down the road. Investors realize that this is one of the few areas with home prices this cheap that isn\'t a war zone. Needs a new roof and central AC added. Foundation will need a little bit of leveling (pier and beam). Electrical and gas already updated. Sits on 1/3 of an acre.

Repairs Needed

Needs a new roof, but is only an 824 square foot house so shouldn\'t cost you more than $2,500. Minor foundation settling but is also pier and beam. Cosmetic updates in this thing shouldn\'t cost much at all. It\'s small and doesn\'t need the nicest materials. Make it clean and new and it\'ll sell quickly without a doubt.

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