North Dallas with DOM 120+ = an opp [code: 7205]


Why Consider this one:
  • Owned by a RE corporation (not an person)
  • 120+ days on market w/ a only one small price drop
  • Market value: $317k
  • SDI suggested offer: $305k (you can try to be even more aggressive)
  • Cashflow works even with current asking price

About the property/area
  • Property has been on the market for over 120+ days.  Great opportunity for negotiation! 
  • Photos are virtually staged
  • Located in Good local school district
  • Fully fenced large back yard.  Perfect for families and pets
  • No (low) crime area
  • 6600 sq. foot lot
  • Built: 1977


What's next?

Email/text for address, analysis and to get connected to Simply Do It's local team that handles this transaction.

Metro: DFW

Team: Lindsay – email the agent directly:

Code: 7205

Financial Analysis / Deal Attractiveness 
 Cap Rate3.5%4.5%
 Net Cash Flow$15,409$38,837
 Equity Increase$91,814$202,913
 Total Gain$107,223$241,750
 Average Cash Flow/Year$3,082$3,884
 Average Cash Flow/Month$257$324
 Average Gain/Year$21,445$24,175
 Average ROI122.9%277.1%
 Annual ROI24.6%27.7%
 Projected Property Value$383,246$466,277

Property Specifications1
 Square Feet1711
 Year Built1977
 Garage Size2
 Schools Rating (on scale of A-F)B
Purchase AssumptionsMy Offer
Offer used for analysis$305,000
Suggested offer (low)$305,000
Suggested offer (high)$315,000
Market Value (after improvements)$315,000
Improvements (lower)$3,500
Improvements (upper)$6,500
Closing Costs$3,000
Mortgage Costs$3,000
Other Fees At Closing$0
Total Cost $316,000

Financial AssumptionsMonthlyYearly
Rent (upper)$2,050$2,150$25,800
Rent (lower)$1,950$23,400
 Property Tax Rate (Approx.)2.1% 
 Property Taxes$385$4,620
Variable-Cost PMFlat Fee 
Property Management Fee$100$1,200
 Leasing Fee80%$68.3$820
 Vacancy Rate4.0% 
 Total Fixed Expenses$816$9,796
 Total Expenses (Fixed + Mortgage)$1,844$22,122



Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.

The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.