1112 Seider Ln

Grand Prairie, TX 75052
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4 bd, 2 ba | 1,935 sqft | Built in 2007

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For Sale

Exclusive

List Price
$370,000

Initial Investment

$104,401
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

11/05/2021

Lease End

11/04/2022

Lot Size

7,200

HOA

$30/mo

Flood Risk

Not Required

  • Attractive and steady five year current market appreciation
  • Located in a highly raked neighborhood
  • Near schools
  • Seller is working on repairing the below items from inspection report making this an ideal property for a new or seasoned investor:
(1) Exterior Walls: Set cracks observed in the brick and mortar at multiple locations which can allow for water intrusion. Recommend evaluation and repairs by a qualified professional. (Health)
(2) Structural: Set cracks observed in the brick and mortar at multiple locations including exposed post tension cable ends at the foundation walls. Corner cracks were found at the foundation slab. Client also noted the living room had a leak coming from the back side of the house’s foundation to the inside. Recommend evaluation and any necessary repairs by a qualified foundation contractor. (Safety)
(3) Bathrooms: The primary bathroom toilet had a slow drain indicating a possible clog. Recommend evaluation and repairs by a qualified plumber. (Health)
(4) Reinspection Electrical: Per inspector, electrical panel access was blocked off by storage. Recommend reinspection once access is available. (Reinspection needed)
See more in Analysis

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Annual Financial Highlights

Expected Rent

$27,303

Expenses

-$7,123

Property Taxes

-$9,000

Loan Payments

-$20,115

Net Cash Flow

-$8,936

See more in Financials

Property Characteristics

Roofstock Exclusive

Listed directly by the seller, Exclusive properties are only available through Roofstock.
  • These properties' Diligence Documents include one or more of these documents: inspection report, title search, rent history if occupied.
  • If the home is non-certified and the posted inspection is more than 3 months old, an inspection contingency will apply.
  • The seller will be represented by a Roofstock-affiliated broker and Roofstock will walk the buyer through the transaction.

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