Contract Assignment · 3BR/2.0BA in Plainview, TX | $165,000

About this deal

Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 400 S GARLAND, Plainview, TX. Contract price $165,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.

The numbers

Cap rate

10.4%

Net operating income

$29,208/yr

Cash flow

+$2,434/mo

Occupancy

1 of 2 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.