1505 ELM ST APT 803

2,045 SF

2.5

1957

CAP RATE
{{ percent(capRate, 1) }}

ROI
{{ percent(CoC, 1) }}

Property Value

Purchase Price

Managing property on behalf of {{ access?.behalfOf.firstName }} {{ access?.behalfOf.lastName }}

PRE-FORECLOSURE :: AUCTION SCHEDULED {{ longDate(preForeclosureFiling.auctionDate, 'N/A') }}

You’re viewing this property using financial parameters from your search, which differ from your default settings. You’ve adjusted the financial parameters for this property.
Click “Save” to keep these settings linked to this property when viewed in future sessions.

Calculator Running

1505 ELM ST APT 803 DALLAS, TX 75201

2,045 SF

2.5

1957

Main Street District

Proposed Cost {{currency(calcParams.purchaseprice)}}

Property Value {{ currency(propertyValue, 0, '-') }}

After Repair Value ({{currency(flipAfterRepairValueSF)}}/SF) {{currency(flipParams?.afterRepairValue)}}

Total Monthly Rent {{ currency(unitsTotalRentalRate) }}

Average Nightly Rate ({{ currency(strRentalRateSF, 2, '-') }}/SF) {{ currency(calcParams.strRentalRate, 0, '-') }}

Rooms

Avg Weekly Rate

Rental Rate {{ currency(monthlyRental, 0, '-') }}

Hold Period

Auto

AUTO

CAP RATE

ROI

Calculator Mode:

Property Type:

Rental Type:

Tenant Occupied
{{ propertyStore?.property?.mlsSource?.status }}

Custom Edits

Total Investment Initial Investment

Current Equity

Down Payment

{{ number(downpaymentWhole) }} %

Flip Only

Cash Required

Net Profit

BRRRR

Net Investment

10-Year Net Gain

Please review and edit this property's Financial History to continue.

Property Description Source: Dave Perry Miller Real Estate

Iconic George Dahl designed building.Rich hardwoods in a boutique condo (69 individually owned residences) in the Heart of Downtown. Largest floor plan with 2 Master Bdrms, Den-Office or 3rd interior bdrm, 2.5 baths.Enjoy 24 hr courtesy desk and 24 hr valet parking for residents and up to 5 guests with no tipping.HOA includes all utilities except interior electric.Residents will Contract with AT&T for Internet & TV(Fiber Optics).Common area updates ongoing paid with reserve funds.New Fitness Center completed.Gorgeous downtown views across from the $460,000,000 redeveloped First National Bank now the National Residences and Thompson Hotel.Dine @ Monarch on 48 or Kessaku on 49!Other nearby Hotels-The Joule, Adolphus and Westin with dining at Campisi's,Sassetta,Dakota's & Tower Club.Visit the nearby Arts District and fun spots Like City Tavern and AT&T Discovery District 2 blocks away.Shop Neiman Marcus Flagship on Main and convenient grocery shopping.Akard Dart Station across the street.

Virtual Tour Link

Listing Agent: Steve Shepherd
Broker Phone: 214-303-1133
Broker: Dave Perry Miller Real Estate

North Texas Real Estate information Services

	List Price:	$339,900
	List date:	04/12/2024
	Days on Rescover:	256
	MLS Source:	NTREIS
	MLS Number:	20587188
	MLS Data Sync:	12/24/2024 11:39 AM CST

DISCLAIMER: Rescover, Inc owns and operates the RESCOVER website (the "Site"). Any access of the Site or submission of information to the Site is subject to the Terms of Use. All information submitted to the Site comes from outside sources. Any adaptation of the information is based strictly on assumptions and projections, and are not purported to be actual results. Analysis of and projections made by RESCOVER are for its own purposes to ascertain its pre-determined criteria. All content on the Site accessed by you is "As Is" and without warranty of any kind, express or implied. RESCOVER is not an investment adviser, and does not provide advice of any kind. Any use of the information by you is strictly in accordance with the Terms of Use.