May 2 in General discussion
Deal Alert
What’s up everybody. We’re getting ready to close a nice deal in East Austin. Below is a brief snapshot of the frame out
List: $1.1M
Purchase: $885K
Rehab: 0$ - ready to rent day 1
Current value: $1.1M
Value with light rehab: $1.2M-$1.3M
Tear down & new construction value: $1.6M
This is an 8 bedroom property so we’ll holding this for cash flow (rent by the room) + appreciation
Hit me up if you’re underwriting anything and want a second set of eyes to look at your deal!
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Deal Alert
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