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Updated almost 7 years ago,

User Stats

13
Posts
4
Votes
Michelle Ayala
  • Investor
  • Milwaukee, WI
4
Votes |
13
Posts

Would investors consider this a potential deal?

Michelle Ayala
  • Investor
  • Milwaukee, WI
Posted

Would any of you consider the following property a possible investment deal?

SFR in Metro Phoenix, AZ. 3 beds (plus a Den that could easily be turned into a 4th) 2 full baths, formal living room/dinig room, kitchen opens to another dining area and family room, 1270 sq ft. Built in 1998 in a planned community with an elementary school and High School within the neighborhood. It needs some cosmetic updates: flooring, countertops, appliances, paint, replacing a few roof tiles. In general the property is well kept and it would be move in ready with just some minor repairs. Low-maintenance, well maintained desert landscape.

Sale price $200,000 firm, Possible ARV $255,000 (sale price of a nice rehab in the neighborhood). As-Is, Cash or Hard Money offers only. Annual Property tax about $1,200.

I appreciate the input.

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