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Updated about 9 years ago,

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Wendell De Guzman
  • Investor
  • Chicago, IL
1,911
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Worth $100,000, Must Sell $35,000; Can Rent for $1,400/mo

Wendell De Guzman
  • Investor
  • Chicago, IL
Posted

My real estate agent did a CMA on this and she said it's ARV (After Repair Value) is around $100,000 (ultra conservative).

This 5 bed/ 2.5 bath home is yours for only $35,000.

Repairs: $20,000.

The median rent for a 4 bed house in the neighourhood is $1400/month.

Property taxes: $5,125/year. You might be able to appeal and get the taxes lowered.

Anyway you look at it, the house is an awesome deal. You can fix-n-flip it and have $45,000 equity or fix-n-rent it and make awesome cashflow.

Here are the pictures:

http://3012eshcolavezion.blogspot.com/

If you're interested in the deal, give David, our SALES guy a call at 708-408-9006.

Offering

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