Check out this value add opportunity! The property is a 2 bed, 1 bath, 958 sqft single family home. It has a large backyard and is located in a desirable area, close to schools, the beautiful parkway sidewalks/trails system, and parks.
The property needs a new roof, gutters, exterior paint, a couple of new windows, drywall patching, bathroom and kitchen updates, flooring, HVAC and updated electrical panel.
We have strong comps for this property. It should be a great BRRRR opportunity that also cash flows well after refinance.
ARV: $95-100K
Rent: $900/month
Ballpark Rehab estimate: $40-45K
Asking Price : 25,000.00
*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.