Garner, NC 3/1 SFR, Needs tlc, good income potential 60k

[Patrick Hill Jr]

Beds: 3 Baths: 1

Sqft: 968 Year Built: 1935

Price: $60,000 Estimated ARV: 100k

Rent Estimate: $875/mo Taxes: $977/yr

Repair estimate: $15-20k(rental) ...

Repairs/updates needed: Paint(Int+Ext), Carpet, New Roof(at least 8yrd old and has had leaks patched before), New siding, Replace HVAC(existing works, but has been repaired multiple times and is old), 2 small decks need to be either rebuilt replaced with stairs. Possible kitchen updating required.

Main issues are the roof and exterior siding.

Comps:

112 Parkhaven Ln, 3/2, 1087 Sqft, sold for 117k on 3/16

410 Bryan St, 3/2, 950 sqft, sold for 105k on 7/16

704 Umstead, ?bd/1ba, 828 sqft, sold for 80k on 1/16

Images available upon request, unable to upload due to size limits.