Get a 23.2% cash-on-cash return! This 3 Br/1 Ba house has tons of new upgrades including a new electric panel and wiring, furnace motherboard, water heater, plaster walls throughout, newer roof, and new bathroom! The first floor consists of a living room, kitchen, and breakfast nook/mud room. There is also a large attached garage off of the breakfast nook/mud room! The second floor has a large bedroom in the front, a large bedroom with a walkout over the garage in the back, and a full bathroom and third bedroom as well. All the hard work has been done! All it needs to be rent ready is flooring, a kitchen, electrical outlets, a couple windows and trim. The living room and the back bedroom could use a little drywall work as well. The property will be getting cleared out the week of 9/29/15 in addition. Average rents for a three bedroom in the area are $677/month, though the large attached garage adds more value and could fetch a higher monthly rent. Section 8 rents are about $690/month as well.
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