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Updated over 8 years ago,
2,100 Sqft 4/2 Potential BRRR Rental
This property has been owner occupied for years. It needs clean out, carpet, paint, a bathroom redone, and a water heater. It is a 4/2 in a neat neighborhood. Projected rent is $900-1k. Gutters are new. New A/C unit a year or two ago. Needs the bathroom in the basement redone. Make me an offer.
Assuming 50k purchase price, 15k in rehab, and appraised value of 85k this could be a great property for the BRRR strategy. This isn't your typical 35k rental in a C-Class area that come up in Indy. Has an attached two car garage. As well as a shed outback.
Offering