$135,000 After Repair Value -
$45,000 Asking Price -
$50,000 Cost of Repairs =
$40,000 Potential Profit

Property Details

Asking Price $45,000

After Repair Value $135,000

Costs of Repairs $50,000

Potential Profit $40,000

Living Area 534 sqft living space 5227sqft lot ft2

Property Type Single Family House

Bedrooms 2

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 0

EPI (Estimated Potential Income)

Potential Rental Income $1,200

Yearly Expenses N/A

Property Taxes $2,400

Net Operating Income N/A

Cap Rate N/A

Property Description

Ranch house in need of repair. Already gutted. Great project property. Located in quiet neighborhood, close to major roads, local schools, attractions, and shopping centers. Contact if interested for more pictures and details. Serious cash buyers only please. Thank you & take care.

Repairs Needed

House will needed to be elevated and completely renovated. Already gutted so rooms can be modified using existing square footage or by expanding to your design.


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