This is a perfect rental property! House is in great shape. All this home needs is a light cleanup cosmetically, and a few odds and ends make this PERFECT for a handy man special. With a small cost of rehab, the cash flow will be fantastic. Here are our numbers, tell me what you think: Monthly Numbers Conservative Rent: $650 Insurance: $50 Taxes: $18.33 (yes, thats correct) Vacancy & Maintenance: $65 Monthly Cash Flow: $516.67 Repairs include labor and materials: hauling: $200 roof(run new layer over old layer) $2500 windows(6 windows): $1500 whole house inside paint(including plaster repair: $1500 kitchen- floor(stick down tiles) $100 bathroom downstairs: new vanity $100 build closet in bedroom: $400 upstairs bathroom: $1500 Total repairs $7800(can be done much cheaper if getting rent ready) *Cash or hard money buyers only please. Contact me for the address and all other info. We are assigning the rights in our purchase agreement on this property. Opinion of value is given as courtesy. Our opinion is just an opinion and seller makes no guarantee's or warranties, express or implied, as to the value or condition of the home.*
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