6527 Graceland Dr
Greenville, TX 75402
List Price
$395,000
Initial Investment
$113,628$
about the purchase process.
Features
Occupancy
Occupied
Lease Start
10/15/2021
Lease End
10/31/2022
Lot Size
5,990
HOA
$8/mo
Flood Risk
Not Required
- Spacious home with bonus games room
- New homes being built in neighborhood
- Attractive five year market appreciation
- About 45 minutes to downtown Dallas and near major employers
- Seller is actively working on repairing the below items from inspection report for property to be eligible as a Roofstock certified property making this an ideal property for a new or seasoned investor.
1. Bathroom: During the inspection in bathroom 1, the shower head/diverter valve were loose against the wall. Recommend repairs by a qualified professional.
2. Exterior Walls: At the time of inspection, the soffit on the left side of the home was damaged. Recommend repair/replace as needed by a licensed contractor. Recommend removing and replacing the damaged soffit vent at the left side of the house by a qualified professional to prevent animal entry into the property. (Health & Safety) Recommend sealing the cracks on the brick stone and mortar on all sides of the property to prevent moisture intrusion and further expansion. (Health)
See more in Analysis
Annual Financial Highlights
Expected Rent
$21,660Expenses
-$5,816Property Taxes
-$9,300Loan Payments
-$21,474Net Cash Flow
-$14,931See 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.
Property Management
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