ARV - $49K - $53K Comps: $49K-$72K Yearly taxes: $1,546.40 ( $128.86 monthly ) Rent profits first year: $202 X 12 = $2,424 Rent profits second: $652 X 12 = $7,824 ( Assuming you rent at $780/a month ) 5 years, gross profits = $39,120 Repair cost: $5K ( cosmetic ) Heat: Oil Could be used as a rental property. ( $750-$780 a month ) Price $14.5K buy "as is". We could also lease under these terms. Price: $19.5K $7K down $450 monthly Option price when lease is up: $7,100 ( 1 year lease ) = CHEAP! once again, buy "as is". Great property for investors looking to find a cheap investment.
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.
