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$1100 in Rental Income - 4 bedroom house
512 Woodmont Dr, Dallas, TX 75217
$68,000
1,214 SF
$68,000
Residential Income
Single-Unit (SFR/ Condo)
Investment
6%
-
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Last Verified 11/8/2009
Listing ID 15409917
Description
----- email rfaruqi1@yahoo.com or mmrfinvestments@yahoo.com for details
Investment property for sale (on rent for last 4+ years). Property valued at $68,000. City of Dallas (Section 8) rent deposited to checking monthly. Major cash flow without headaches. Completely remodeled 5 years ago, has had the same family in it since.
4 bed / 1 ba single family, single story house. 1214 sqft; built in 1958, fully remodeled in 2004 - new paint, carpet, fixtures, roof, foundation, AC, appliances, plumbing, electrical etc. Very good condition and no problems in the last several years.
Monthly Rental Income: $950 (paid by Dallas Housing Authority)
Monthly Rental Income: $150 (paid by Tenant)
Total Monthly Rent Received: $1,100
Dallas area - 10 minutes from downtown. Good neighborhood, near school and police station.
Actual
$1,767
Map of 512 Woodmont Dr, Dallas, TX 75217 (Dallas County)
Created 10/26/2007
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.