3BR/1.0BA Investment Property - Lakeside

FORCED APPRECIATION PLAY: HIGH-EQUITY BUNGALOW IN GROWTH CORRIDOR

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THE OPPORTUNITY:

A classic 1957 brick veneer home on a massive 7,500 sqft corner lot in Mesquite’s
desirable Lakeside subdivision. This property is part of a 36-unit portfolio liquidation by BCL Real
Estate LLC, a sophisticated operator with $12.4M in total equity.

THE OWNER’S POSITION:
• 100% Equity (Free & Clear) - No mortgage encumbrance
• Absentee owner seeking portfolio simplification
• Previously listed on MLS at $289k (Expired after 90 days)
• Motivated to close before Q1 tax deadline

THE NUMBERS (Pro Forma Analysis):

💰 Purchase Price: $260,000
🔨 Renovation Budget: $25,000 (Cosmetic refresh)
📊 Total Investment: $285,000

📈 ARV (After Repair Value): $308,565
✨ Instant Equity: $23,565 (Day 1 Spread)

💵 Market Rent: $1950/month
📉 Pro Forma NOI: $15,210/year (65% NOI margin)
🎯 Cap Rate: 5.85%
💎 Cash-on-Cash Return: 1.85% (25% down scenario)

PROPERTY CONDITION:
• Classification: “Tired Landlord Special”
• Structure: Solid (Brick veneer, Pier & Beam foundation)
• Systems: Central HVAC functional, updated within last 10 years
• Cosmetic Needs: Interior paint, flooring refresh, kitchen/bath modernization
• Exterior: Good bones, minor landscaping enhancement recommended

VALUE-ADD STRATEGY ($25k Budget):

1. Interior Refresh ($15k): Paint, vinyl plank flooring, modern light fixtures
2. Kitchen/Bath Update ($8k): Granite countertops, cabinet hardware, fixtures
3. Curb Appeal ($2k): Front landscaping, exterior touch-up

WHY THIS FAILED ON MLS:
The previous listing agent priced at $289k targeting retail buyers seeking “move-in ready.” This is
NOT a retail play—it’s an investor value-add opportunity. Retail buyers want perfection; sophisticated
investors see the $23k equity spread and the forced appreciation lever.

LYNC SCORE: 66/100
• Deal Structure: 26/35 (High motivation, clean title)
• Yield Potential: 16/35 (Strong cash flow + appreciation)
• Cross-Border Fit: 24/30 (TX tax advantage, liquid market)

IDEAL BUYER PROFILE:
✓ All-cash buyer or access to hard money
✓ Comfortable managing light value-add renovation
✓ Seeking 1-2 year hold for forced appreciation
✓ Alternative: Long-term rental (strong cash flow fundamentals)

CONTACT FOR DEAL DOSSIER:
This listing includes a comprehensive 1-page Investment Memorandum with detailed comps,
renovation scope, and vendor recommendations. Available in English and Arabic.