$90,000 After Repair Value -
$50,000 Asking Price -
$0 Cost of Repairs =
$40,000 Potential Profit

Property Details

Asking Price $50,000

After Repair Value $90,000

Costs of Repairs $0

Potential Profit $40,000

Living Area 1300 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

Three Bedrooms; One Bath; 1,300 Square Feet
Built in 1960
Roof 3 Years Old
Electricity Recently Updated
Plumbing Recently Updated
Minor Kitchen and Bathroom Update Needed
1 Car Attached Garage
Tenant has been in Place 4 Years !

Price $50,000
Punch Out/Rehab $N/A
Closing Costs $ 1,300
Monthly Rent $ 650
Expenses/ Monthly
Taxes $72.00
Utilities Tenant Pays
Insurance $40.00
Monthly Net Profit Projection: $538.00

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