Whether you are a buy and hold investor who is just starting out, or have multiple properties already in your portfolio, this house fits right in. It sits in a strong rental area (with a good rental history of its own), across from a playground, close to shopping, has a pretty eat-in kitchen, a fenced back yard, and city water and sewer.Repairs/renovations include:Painting the interior and exterior, replacing the roof, putting in new carpet and tile, and repairing some outside wood rot (including the back deck).ARV = $73,000 (based on comps, provided on request)Asking = $48,000Reno/repair estimate = $15,00Total investment = $63,000Expected rent = $800/month$800/month x 12 months = $9,6002015 tax = $1,216AS IS / CASH ONLY SALE
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
