Property Description:
Cul-de-sac location with a great layout! New vinyl windows throughout! As a 1985 build the property only needs a light rehab as rental with great ROI.
Kitchen cabinets are in good shape; just need thorough clean for a rental or paint for a flip. House needs interior paint and some texture in front rooms; back bedrooms paint and texture look great!
There is enough tile flooring left in the garage to finish the living room and replace any cracked tiles. The fireplace is in good shape as – is; just needs to be cleaned
Hall bath could be cleaned and kept for a rental with minimal upgrades. Master Bath needs new toilet, sink faucets and mirror but is in good shape. Minimal repairs needed for a rental.
Roof may need to be replaced. Light landscaping needed to tame the shrubs and trees. Siding is in very good shape just needs a power wash. Foundation feels fine.
Financials:
ARV: $190k â $200k
ARV Rent: $1,700 – $1,900
Rent Rehab: $16k
Flip Rehab: $24k
Purchase: $145k
Rental ROI: 9% +
Terms:
Cash or Hard Money Only
$5k Non – Refundable Deposit required
Buyer to pay closing costs
Agents add your commission to sales price
Click for pics: https://drive.google.com/drive/folders/0B3zytJ5p5pfwNzMwQjZ0UG1lcnM
