$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 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.
