17% Return -- 5bd/2ba SFH -- $1,375/month Rent -- Only $40K

[Marc Glass]

This is a large 5 bed/2 bath house that rented for $1,375 before being vacated in October 2015. The house was subsequently broken into, robbed of its copper plumbing, and vandalized. It needs updating to be put into rental condition again.

The repairs needed are an estimated $26,700. The house's ARV is approximately $100-105,000.

Click here for a Prospectus on the property.