Oak Cliff cosmetic flip near Bishop Arts
12XX S Windomere Ave · Dallas, TX 75208 · Dallas County County
Front elevation
1 / 6Asking price
$265,000
ARV range
$415K–$442K
Repairs
$62K–$76K
Discount to ARV
38.2%
Projected profit
$29,905
ROI
8.1%
Cap rate
4.6%
Cash-on-cash
-0.7%
Underwrite this deal
Every input is editable and every number recalculates instantly. Seller figures are pre-filled — replace them with your own assumptions.
Maximum allowable offer
$224,050
Asking price is $41K above your rule.
Total basis
$368,600
Selling costs
$29,995
Holding costs
$6,500
Contingency
$6,900
Net profit
$29,905
ROI
8.1%
Annualized ROI
19.5%
Break-even sale price
$396,344
Modeled projections for demonstration only. They are not an appraisal, a guarantee of returns, or investment advice.
Well-maintained frame home requiring a cosmetic renovation rather than a gut. Foundation was leveled in 2019 with a transferable warranty on file. Kitchen, baths, flooring and paint drive the scope.
Beds / baths
3 / 2
Square feet
1,580
Lot size
6,400 sqft
Year built
1941
Units
1
Occupancy
Vacant
Market rent
$2,500/mo
Taxes
$540/mo
Access
Combo lockbox — released to verified buyers
Highlights
- Transferable foundation warranty from a 2019 level
- Original hardwoods under carpet in three rooms
- Short walk to the Bishop Arts retail district
Known repairs
- Kitchen and two baths
- Refinish hardwoods
- New roof
- HVAC replacement
- Paint inside and out
Deal structure
Assignment of contract with a 14-day close and $12,000 non-refundable earnest money preferred.