$68.09 per sq.ft. Assuming the lot is worth $20K, then the cost for the improvements is $49.91 per sq.ft. The cost of building this type of product is at least $100 / Sq.Ft, or twice as much as owning this investment. If the rental market is $600 per month for this 2 bedroom, that is a 6% cap rate or 6% return on your cash investments (assuming 35% expenses). Great Deal.Brokered And Advertised By: Windermere Real Estate - HaileyListing Agent: Randy H. Flood
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
