This duplex features one 2-bedroom, 1-bathroom unit and one 3-bedroom, 1-bathroom unit. Presently, the upstairs unit is rented. The property’s projected combined monthly rent is $1,900. The downstairs unit is unoccupied but only requires cleaning to be rent-ready. The property underwent renovations last year. Upcoming repairs, estimated to cost between $3,000 and $5,000, include minor touch-ups, painting the front porch, painting around the windows, and cleaning the screen door’s overspray along with the downstairs unit. The duplex has a total of 5 bedrooms and 2 bathrooms, with an approximate square footage of 2,000.
ARV: $181,000
Repairs: $3-5K (All minor touchups)
Assignment Price :$125,000.00
Rents: $1900 total rents
*Rehab descriptions are provided as a courtesy. We strive to help investors have a better understanding of possible needs and numbers. Information provided here is NOT an exhaustive scope of work nor is it a bid for contractor and labor. Please do your own due diligence as numbers/ARV are not guaranteed; they are based on our current knowledge of the property/market, experience, and a quick walk through.