Great Rental Property with 11% ROI

[Glendon Anderson]

This is a nice 3 Bedroom 1 Bath Single-Family Home located off 8432 East W T Harris Blvd, Charlotte with great potential Only need $9-12K in cosmetic repairs to be rental ready. Property is 1 minute from a newly built Wal-Mart. It is 1,334sq ft sitting on 0.53 acres, built in 1955. There are lot of development in this area most noticeable are townhomes recently built.

 Watch Virtual Tour Here.

https://www.youtube.com/watch?v=uixZfo_j6T4

Investors Details;

ASKING ONLY $64,000

Repairs $9k-12k (Carpet, Kitchen, Mold Treatment, Paint, A/C)

ARV Est. - $95-100k

Rents between $900-$950

Recent Comps in the area for 3/1 are between $97-$104k.

Yearly Income = $10,800

Yearly Expense = $1956 (Taxes & Insu) ROI = 11% Call or email for more details -Glendon (704) 750-9065 Email: [email protected]