This property has great earning potential with a high rehab ROI (46%) and a positive monthly cashflow ($211). This one won't last long. Here is a summary of the numbers: Rehab and Sell Exit Strategy Purchase Price: $16,000After Repaired Value (ARV): $75,000Rehab Cost: $25,000Rehab Time: Less than eight weeksTotal Holding Costs (based on five month rehab and hold time): $1,840Total Project Cost Basis: $42,840Projected Sale Price (90% of ARV): $67,500Projected Cost of Sale: $4,725PROFIT: $19,935Return on Investment (ROI): 47%Annualized ROI: 112%Check out the full numbers by clicking the "Property Website" link.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
