3112 N 11th St
This property is a 3 bed 1.5 bath house located on the north side of St. Joseph, just off St. Joe Avenue. It has a back porch, and tenants will love the convenient garage parking. The house needs a new roof, interior/exterior paint, flooring, and bathroom enhancements. There is HVAC but no AC condenser. A $35-40k rehab budget would get all of the above and more with a house like this, putting the all-in opportunity BELOW the 70% of ARV goal that most investors strive for.
ARV: $115,000
Asking Price: $32,000
Estimated Rehab: $35-40K
Estimated Rent: $1000/mo
*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.