OFF Market @ 30% Discount!! Decent CAP Rate!

1307 S B St, Elwood, IN 46036

$95,000 After Repair Value -
$70,000 Asking Price -
$8,000 Cost of Repairs =
$17,000 Potential Profit

Property Details

Asking Price $70,000

After Repair Value $95,000

Costs of Repairs $8,000

Potential Profit $17,000

Living Area 1392 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 1

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $840

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income $10,800

Cap Rate N/A

Property Description

Rents for $840 per month!!!
Tenant lease ends in December and is willing to renew.
Fix and Flip-> property w/ ARV of $140,000!
Newer windows
Newer HVAC
Newer water heater
Roof is 10 years old zero issues
Under Market Rents
Can increase Rental Rates by Updating and/or adding amenities such as: Wifi, Washer/Dryer in unit/ other appliances, pet fees etc


???? CALL/TEXT ???? JAMIE TODAY ? TO MAKE AN ???? OFFER BEFORE ITS GONE! ???? ???? -

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Repairs Needed

This property is currently rented and cash flowing. This property doesn\'t NEED anything & is move-in ready. You could go in and do some updates to improve the rental rates and overall value of the property.

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