Handy Man Special! Huge profit margin for right investor

934 Palm St, Jackson, MS 39212

$109,250 After Repair Value -
$12,488 Asking Price -
$37,000 Cost of Repairs =
$59,762 Potential Profit

Property Details

Asking Price $12,488

After Repair Value $109,250

Costs of Repairs $37,000

Potential Profit $59,762

Living Area 1922 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 1

Half Bathrooms 1

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $10,800

Yearly Expenses $300

Property Taxes $2,000

Net Operating Income N/A

Cap Rate N/A

Property Description

This property is located in the woodville hights subdivision of Jackson MS. This property has been vacant for over 3 years so it will require some substantial repairs. However, this 4 bed 1.5 bath property stands to cash roll $20k-$40k as a fix or flip or $750-$900/month as a rental property. People have been buying up properties in this area right and left. This deal will not last.

Repairs Needed

Please follow link below to view a full breakdown of Needed repairs\r\nhttps://drive.google.com/file/d/1r2q_Hbf0v1stf71hiXCt98i6SDGH_nFb/view?usp=sharing


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