Great rehab for fix n flip or Rent @ $600-$650/Month. About $10k in work needed most of which is cosmetic but you do have options for upgrades and possibly adding a second bath. Roof is under five years old. Windows could be replaced if you want but not necessary. Gutters need to be reattached or replaced. Seller will install new gas furnace upon closing. Electrical meter and box have been upgraded. ARV: $30,000 Comps are all 2/1s: 811 Elizabeth Dr - 27500 - 4/30/12 1080 Woodland Way - 30000 - 5/17/12 5051 Ash St - 19000 - 7/30/12 4834 Hazel St - 18500 - 9/7/12 451 Barton Dr - 17000 - 4/17/12 708 South Ave - 15500 - 5/25/12 774 Warren Dr - 16750 - 6/29/12 4664 Hendrix Dr - 12500 - 7/13/12 592 Bridge Ave - 13500 - 8/3/12 The ROI Breakdown Monthly Rent $700.00 Rents x 12 months $8,400.00 2012 Taxes $549.47 Insurance Estimage $600.00 Property Mgt 9% average $756.00 Net Annual Cash $6,494.53 ROI 24.98% Call NOW!(678) 929-8110Robin Long
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