This home offers a strong combination of updates and upside. Major exterior and foundation work have already been completed, while also being situated in a highly appreciating area.
📍 3-Bedroom, 2-Bathroom Single-Family Detached Home
🏠 Updated interior with new flooring, paint, and fixtures, providing a clean and move-in-ready feel. Major updates completed including new siding, new decks, and foundation repair in 2024, reducing large upfront risk.
💰 Cash flows at $482/mo. when refinanced to 5.5%
💰 Cash flows at $382/mo. at today’s rates (at year 5)
🔥 Large yard with a quiet setting and access to nearby walking trails, increasing tenant appeal.
🏫 Convenient access to I-35 while still offering a quieter, suburban feel.
Key Insights
🎯 Location Matters: Located in a desirable area with strong rental demand and consistent appreciation, while offering a quieter, low-traffic setting.
📈 Equity Potential: Total estimated gain is $778K at 20 year
🛠️ Warranty: Verify that the foundation warranty is transferable.
📜 Rental Restrictions: Need to verify that there are no rental restrictions PRIOR to due diligence.
📞 Support Network: Utilize our locally vetted teams to streamline your transaction.
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Disclaimer
Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.
The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.