Motivated Seller priced to move

826 W Jefferson St, Bloomington, IL 61701

$63,000 After Repair Value -
$40,000 Asking Price -
$1,000 Cost of Repairs =
$22,000 Potential Profit

Property Details

Asking Price $40,000

After Repair Value $63,000

Costs of Repairs $1,000

Potential Profit $22,000

Living Area 1045 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income $800

Yearly Expenses $1,000

Property Taxes $637

Net Operating Income $7,963

Cap Rate 18

Property Description

Appraised at 60k in 2017 before finishing new drywall throughout, new crown and base trim, painted kitchen cabinets

Repairs Needed

Carpet 1 bedroom, install water heater


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