Investor\'s Rehab Special!

300 W 1st Ave, Petal, MS 39465

$88,403 After Repair Value -
$47,191 Asking Price -
$15,000 Cost of Repairs =
$26,212 Potential Profit

Property Details

Asking Price $47,191

After Repair Value $88,403

Costs of Repairs $15,000

Potential Profit $26,212

Living Area 1211 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $940

Yearly Expenses N/A

Property Taxes $1,200

Net Operating Income $1,200

Cap Rate 17.63% Cost basis & 11.28% on ARV

Property Description

1,211 sq ft SFH 3BR/1BA in quiet neighborhood.

Repairs Needed

External and internal painting, new roof, porch structure.

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