$16,000 - Home With Great Potential! - 22.1% ROI

[Jason Richardson]

This house does need some TLC, but for the price you can't beat it! We have already gone through and priced the rehab. It is a 3 Bed / 1 Bath home with great potential! This property would make a great flip house for an investor, or local landlord, willing to put just a bit of time and effort into it.

7** Cleveland Ave, South Bend, IN 46628

Monthly Income - $625

Yearly Income (Based on a 1 month vacancy) - $6,875

Yearly Taxes - $540.98

Yearly Insurance - $600

Yearly Management/Maintenance Fees - $1,375

Yearly NOI - $4,359.02

Rehab Cost - $3,750

ROI/Cash On Cash - 22.1%

The last two digits of the addresses have been removed so that the tenants can continue to enjoy the right for peaceful and safe living. If you are serious about this package and can prove that you are a legitimate buyer, then the rest will be given to you during your due diligence period. We provide in-house property management and rehab services to our buyers, if needed. Serious inquiries only. Email for more information.