401 MAIN ST

Blueprint1,662 SF
3
1
1920
N/A
CAP RATE
{{ percent(capRate, 1) }}
ROI
{{ percent(CoC, 1) }}

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

Property Value

{{ currency(calcParams.purchaseprice, 0, '-') }}

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.
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, '-') }}
AUTO
{{ firstProformaYearRaw.fiscalYear }}
 
CAP RATE
{{ firstProformaYearRaw.fiscalYear }}
 
ROI
 
Calculator Mode:
Property Type:
Rental Type:
  • Tenant Occupied
  • {{ propertyStore?.property?.mlsSource?.status }}
Custom Edits

Total Investment Initial Investment

{{ currency(netEquity) }}

Current Equity
{{ number(downpaymentWhole) }} %
Flip Only
{{ currency(flipTotalCashInvested) }}
Cash Required
{{ currency(flipNetProfit) }}
Net Profit
BRRRR
{{ currency(flipNetInvestmentAfterRefi) }}
Net Investment
{{ currency(accumulationOfWealth) }}
10-Year Net Gain
Property Description Source: PARAGON, REALTORS

Bring your builder and your IMAGINATION!! Four Lots: 19-22 on Main Street. Home is in rough shape, you decide if it can be refurbished or tear down and start fresh. Contact City of Dorchester to determine if lots can be replated for an additional dwelling. City provides water, septic system on-site. City Hall is located in the same block to the South. City-owned lot adjoining to the North. One mile to Hwy 289, ten miles to new Texas Instruments. The Cottonwood Project, mixed-use development, is set to bring 2,100 homes to up-and-coming Dorchester! Howe ISD. Buyer & buyer's agent should do their due diligence for city requirements and confirm all information.

Virtual Tour Link
Avatar
Listing Agent: Erica Dunnihoo
Broker Phone: 903-893-8174
Broker: PARAGON, REALTORS
NTREIS
North Texas Real Estate information Services
List Price: $115,000
List date: 09/06/2024
Days on Rescover: 109
MLS Source: NTREIS
MLS Number: 20720729
MLS Data Sync: 12/24/2024 12:04 PM 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.

Offcanvas with body scrolling