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Updated over 8 years ago,
Hot wholesale deal in Tallahassee Fl
It has 3 really big bedrooms and 2 big bathrooms. The project was started and then abandoned, so the place has been gutted and a new and sexy master bath has been almost finished. The other bath is ready for tile and fixtures. Originally the kitchen was a tiny galley style with laminate counter tops and cheap cabinets. Now your left with a blank canvas and you don't even have to pay the dump fees. I know it says 3 baths but there's only 2!
It has a 400 sq ft bonus area! The rent in this area would be around $1200-1400
Arv is around $150-160k
REPAIRS
$6k roof
a/c $4k
drywall $1k
Tile $2k
Flooring $5k Total Repairs = $30,000 - $150,000 = $120,000 Profit of $39,000
lighting and fans $2k
millwork and doors $3
paint $3000
Siding $1500
Landscaping $2500
Come pick this place up for $81,000 cash WOW