1515 Collinson St
Balch Springs, TX 75180
List Price
$220,000
Initial Investment
$59,950Purchase Price
$220,000
Down Payment
25%
Rent
$1,610
Total Return
$131,967
Annualized Return
25.1%
Cap Rate
4.3%
Gross Yield
8.8%
Cash Flow
-$2,860
Appreciation
11.0%
Reset to DefaultEdit Assumptions
Features
Lot Size
14,853
HOA
None
Flood Risk
Not Required
INVESTOR SPECIAL OPPORTUNITY OR GREAT STARTER HOME! Cozy 3-bedroom, 1 Bathroom property built in 2012 with charming details. Oversized lot. Only minutes away from shopping and dining. This home just needs a little TLC so bring your imagination. Property is being sold AS IS. No repairs to be done by seller. Disclaimer* - property details reliable but not guaranteed. Buyer and buyer's agent to verify details.
See more in Analysis
Melissa Barnard
Coldwell Banker Realty
TX Agent License #0683658
Annual Financial Highlights
Expected Rent
$18,354Expenses
-$3,904Property Taxes
-$5,350Loan Payments
-$11,960Net Cash Flow
-$2,860See more in Financials
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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SourceNorth Texas Real Estate Information Systems, Inc.
MLS #20244795
Last Updated: 01/25/2023 05:01
MLS #20244795
Last Updated: 01/25/2023 05:01