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Updated about 7 years ago on . Most recent reply

User Stats

39
Posts
10
Votes
Paul Macaulay
  • Rental Property Investor
  • Carlsbad, CA
10
Votes |
39
Posts

A REHAB WITH SUPPLIES INCLUDED?????

Paul Macaulay
  • Rental Property Investor
  • Carlsbad, CA
Posted

A great ROI for a rehabber or a landlord! ARV of $88,800, priced to move at $51,000. Originally a 3/1, rehab started with plans to make it a 4/2. Homes in this central Michigan market currently sell for 122% of asking price, meaning the finished price could be $108K. The HUD fair market rent is $949/mo., allowing the initial investment to be made back in about 4 years. Seller to include materials and supplies to finish project, included in price!!

Property to be available for showing on Friday (26th) from 2pm-6pm.

Offers will be accepted until midnight Friday and the property will be sold!

Offering

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