3/2, 1200SF 1/4 acre lot; This home will make a great rental with a nice ROI of 17.73% and 33% Equity after a few repairs;Repairs Needed; Drywall, paint, carpet, tile, refrigerator and stove. ARV: 63K Repairs: $5000 - $8000Rent: $800 to $850Total investment w/ rehab: $42000Total Rents; $9600Taxes: $590Insurance: $600PM: $960Total Income: $7450 year or $620 monthROI: 17.73%Equity: 33% or 21K
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