BRRRR property / Flip - Durham, NC - Raleigh Buy and Hold and/or Flip

[Uriah D.]

I have a great opportunity for sale.  

Property Address is: 2520 Glendale Ave. Durham, NC

1120 sq. ft. 3 bedroom 1 bath

Asking 73,000

House is is great neighborhood. NO HOA! quite street

House across the street was listed a couple weeks ago on a Friday at 145,000 and went under contract by Monday. 

House has tenant in place with lease until the end of December 2015.  Great time to move them out, rehab and be ready for the big spring buying season.

Rent comps are 900-1025

Sale Comps are 130-145K in maintained condition, not full rehabs

Rehab budget is roughly 15-20K, rental rehab could be lower.

House is currently under contract and I am looking to wholesale it.  If you have any questions let me know.  

RentRange comps available

MLS comps avaiable

Let me know if you have any other questions.

front pictures attached.