Address:
Harris Boulevard
6 Bed / 3.0 Bath
Year Built: 2009
House Size: 2,504 Sq Ft
Lot Size: 16,117 Sq Ft
SUMMARY
Purchased from an investor for $148,000 in 2015
At the date of purchase, comparable properties were selling for $175,000+
Located in strong middle/upper middle class neighborhood in east Charlotte
Renting for $1,450 per month
Current market value: $175,000*
*Source: Market Comp Report, January 2015
MARKET INFORMATION
Market Information: […]
Address:
Banner Drive
4 Bed / 2.5 Bath
Year Built: 1992
House Size: 1,855 Sq Ft
Lot Size: 6,969 Sq Ft
SUMMARY
Bank REO acquired for $100,000 in 2007
Comparable properties were selling for $129,000+
Located in ten miles north of Dallas in neighborhood where per capita income is twice state average
Renting for $1,310 per month
Current market value: $151,715*
*Source: Market Comp Report, February […]
Address:
Castle Road
4 Bed / 3 Bath
Year Built: 2003
House Size: 1,855 Sq Ft
Lot Size: 8,276 Sq Ft
SUMMARY
Short-sale acquired for $106,000 in 2014
Located in high-rent neighborhood in northeast Charlotte
Rented for $1,149
Sold in 2016 for $137,750
16% Cash on Cash Return (COC)
[…]
Address:
Onyx River Drive
3 Bed / 2 Bath
Year Built: 1994
House Size: 1,175 Sq Ft
Lot Size: 6,259 Sq Ft
SUMMARY
Bank REO acquired in 2010 for $96,000
Located one block from new Seton Medical Center, 10 miles south of Austin
Renting for $1,095
Current market value: $119,785*
*Source: Market Comp Report, February 2015
MARKET INFORMATION
Market Information: Austin, Texas
Address:
Alum Drive
3 Bed / 2 Bath
Year Built: 2002
House Size: 1,325 Sq Ft
Lot Size: 6,900 Sq Ft
SUMMARY
Bank REO acquired for $105,000 in 2007
Comparable properties were selling for $119,000+
Located in upscale neighborhood 10 miles south of downtown Austin
Renting for $1,095 per month
Current market value*: $121,929
*Source: Market Comp Report, February 2015
MARKET INFORMATION
Market Information: Austin, Texas
Address:
Braken Place
4 Bed / 2.5 Bath
Year Built: 1990
House Size: 1,916 Sq Ft
Lot Size: 5,097 Sq Ft
SUMMARY
Bank REO acquired for $94,800 in 2008
Comparable properties were selling for $115,000+
Located near new Dallas Cowboys Stadium
Renting for $1,200 per month
Sold in 2013 for $130,000
Cash-on-Cash Return: 21.5%
Internal Rate of Return: 29.9%
MARKET INFORMATION
Market Information: Dallas, Texas
*Informational Use Only: This is […]
Address:
Garden Drive
4 Bed / 2.5 Bath
Year Built: 1994
House Size: 1,855 Sq Ft
Lot Size: 9,147 Sq Ft
SUMMARY
Acquired as short-sale for $104,900 in 2007
Located in in Rowlett, just 10 miles north of Dallas, where average per capita income is twice the state average
Renting for $1,295 per month
Market Value*: $133,900
*Source: Market Comp Report, February 2015
MARKET INFORMATION
Market Information: […]
Address:
Morning Lane
4 Bed / 2.5 Bath
Year Built: 1985
House Size: 1,704 Sq Ft
Lot Size: 6,534 Sq Ft
SUMMARY
Acquired as Bank REO in 2014 for $103,000
Located in establish neighborhood 10 miles east of downtown Charlotte
Renting for $1,100 per month
Market Value*: $120,000
VIDEO TOUR
*Source: Market Comp Report, February 2015
MARKET INFORMATION
Market Information: Charlotte, North Carolina
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