AMAZING PROFIT POTENTIAL ON THIS FIX & FLIP!

1048 Leon Pl, Memphis, TN 38107

$130,000 After Repair Value -
$33,500 Asking Price -
$33,000 Cost of Repairs =
$63,500 Potential Profit

Property Details

Asking Price $33,500

After Repair Value $130,000

Costs of Repairs $33,000

Potential Profit $63,500

Living Area 1400 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $13,200

Yearly Expenses N/A

Property Taxes $171

Net Operating Income $13,029

Cap Rate N/A

Property Description

Single family home with huge profit potential! Our contractor says it\'s going to take $33,000 in rehab and he\'s willing to do all the work! Comparable recently sold properties give this an after repair value of $130,000! Get it now for $36,000! Save $2500 with a 2019 closing! PROFIT POTENTIAL OF $63,500!!!! GET THIS ONE NOW!

Repairs Needed

Needs major renovation. Our on staff contractor is willing to do the work or you can bring your own. More photos can be seen here: https://www.dropbox.com/sh/3yz9zafeowhmki3/AAADi3YNLB7x0lfY1zFc4omva?dl=0

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