$60,000 After Repair Value -
$34,500 Asking Price -
$0 Cost of Repairs =
$25,500 Potential Profit

Property Details

Asking Price $34,500

After Repair Value $60,000

Costs of Repairs $0

Potential Profit $25,500

Living Area ?988 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

This cash flowing property already has a tenant paying $750 per month . They are not on a lease currently, but the owner of the property mentioned they would be open to signing one if that is what you\'d like to do! At $750 per month, the current CAP rate sits at a whopping 19% and is a buy & hold investor\'s dream.

If you do not wish to keep this property as a cash flowing property you can always flip it and make some money as well.

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