1304 Burleson
3/1 – front house
1018 sq ft
1/1 + kitchen – rear apt
576 sq ft
Property is right outside of government hill. The front house and rear apt have been completely rehabbed from ground up, the front house has new electric, new sheet rock, paint 18x18 tile, cabinets everything.
The rear apt is the same thing the whole thing was rehabed electric, walls, tile ect..
 
BASED ON $80,000 SALES PRICE OR LOW ARV
$50,000 – Purchase price – 50% of ARV or COMPS – PRICE LOWERED $15,000 FOR QUICK SALE
$3,500 – rehab only if back apt is leveled and dip in roof is fixed
SALE - $50,000 – total – 62% of ARV or COMPS