Clean Turnkey Rental - $60,000

[Mario N Dove]

*** I have a Purchase Agreement for 1515 Manson St. I am marketing this contract for assignment solely as I am not the owner. Contract closes on 15-Apr-2017 ***

If you're in the market for a great investment property, take a look at this 3 bedroom, 2 bath single family home. This property needs minor repairs and is ready to make you a nice financial return. It's located in Campostella , an affodable area of Norfolk and is currently leased for 950/month. Hurry! Call today to learn more about this great money-making property! (757)337-6467 or http://www.exitstrategiesrei.com/property/3172017/

Asking price: $60,000

Rehab: 10 - 15k

ARV: $99,218

MV: $82,500

Average list for Campostella: $111,900

Market rent: $1100

Cap rate: 14.4