$21,900 - Needs A Little TLC, But Has Room To Grow!

[Jason Richardson]

This house does need some TLC, but for the price you can't beat it!

It is a 3 Bed / 1 Bath home with great potential! This is a great opportunity for a first time home buyer or investor. Property has attic space which can be finished for an additional bedroom (with addition of heating/cooling ducts). There is potential for an added 2nd bathroom.

730 N Cleveland Ave, South Bend, IN 46628

The following, below, are estimates:

Monthly Income - $650
Yearly Gross Income - $7,800
Yearly Taxes - $1000
Yearly Insurance - $600
Yearly Management/Maintenance Fees - $1,430
Vacancy (8%) - $650
Yearly NOI - $4,120.26
Rehab Cost - $4,000
Closing Cost - $1000

All-In Cost - $26,900 (includes rehab)
ARV - $42,000

FOR ONLY - $21,900

This deal won't last long. Contact us now!

Property Code: 730NCSB

Professional management and rehab services are available, and optional. Serious cash buyer inquiries only please. Buyer pays their side of closing costs (included in above estimate). We cannot guarantee the estimates shown above, as these are based on our due diligence. We recommend all buyers do their own due diligence prior to purchase.