$45,000 After Repair Value -
$14,000 Asking Price -
$0 Cost of Repairs =
$31,000 Potential Profit

Property Details

Asking Price $14,000

After Repair Value $45,000

Costs of Repairs $0

Potential Profit $31,000

Living Area ?1,089 ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

This vacant property will need some work. According to the owner, the roof does have a leak and the kitchen and bath were last updated 10 years ago.

However, if you have a strong construction team that can renovate this property and place a strong tenant it can be a great cash flowing property. It might be best to BRRRR this property in this case.


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