$115,000 After Repair Value -
$59,500 Asking Price -
$20,000 Cost of Repairs =
$35,500 Potential Profit

Property Details

Asking Price $59,500

After Repair Value $115,000

Costs of Repairs $20,000

Potential Profit $35,500

Living Area 872 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $900

Yearly Expenses N/A

Property Taxes $500

Net Operating Income N/A

Cap Rate N/A

Property Description

2 bedroom, 1 bath, a lot of heavy lifting done.. ARV= - k. Needs about 20k to complete! has a couple of out buildings for storage. Lots of demand for turnkey homes under $130k..... This will be a double closing....

Repairs Needed

finish electrical, drywall repair, Interior and exterior paint, landscape. Kitchen cabinets are in, bathroom shower and tub are in...Water heater is installed, needs a mini split , might need windows... (lots of the project is completed already)

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