-
Offer: Mesquite 75181, 6/3.5/2, Asking $316,000 – ARV $400,000
Interesting Deal in Mesquite 75181!
OFF-MARKET DEAL – Potential High Yield Section 8 in Mesquite, TX!
6 Bed | 3.5 Bath | 3,046 Sqft | 2-Car Garage | Built 2003
Mesquite, TX 75181 – One of the highest fair market rent ZIP codes in DFW!
Sales Price: $316,000
After Repair Value (ARV): $400,000
Repair Estimate: $40,000
Rent Estimate: $3,500+ (Section 8 Potential: $3,700-$5,000)
Needs overall updates, but most work is finish-out installs!
Investor Breakdown:
• Buy & Hold: Cash-on-Cash ROI ~12.50%
• DSCR Loan Strategy: ROI ~11.67%
• HOA: $356 annually
Buyer Deposit: $7,500
See more details at https://www.facebook.com/groups/2328098604145675/user/61568256073016/
Need more info? Send a private message or drop a comment with your questions.
Sorry, there were no replies found.
Log in to reply.