Investment opportunity! Take a look at this 1 bedroom, 1 bath single family home. Property is 898 sqft. The house is well maintained and has great value add potential: with space to make a second bedroom in the already partially finished attic. Bonus, there is off street parking.
Rehab projection entails: paint, light fixtures, A/C, and creating a bedroom in the attic.
Assignment: $40,000
ARV: $70,000
*Rehab: $10,000 (includes attic bedroom)
Rent: As a 1 bedroom $725; as a 2 bedroom $850
*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 are not guaranteed; they are based on our current knowledge of the property/market, experience, and a quick walk through.