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Updated about 6 years ago on .

User Stats

32
Posts
3
Votes
Kirk Johnson
  • Pennsauken, NJ
3
Votes |
32
Posts

Awesome Cash Flow Opportunity

Kirk Johnson
  • Pennsauken, NJ
Posted

Looking for an investment property in the desirable Marlton section of Camden? Look no further! We've got you covered.

This house features a great amount of space for families and roommates to live near local transportation. This property is about a 2 minute walk from shopping centers, transportation and other attractions in the city. Also, this property is conveniently located 5-10 minutes from Cherry Hill Mall! Its in a prime location.


With a little bit of work this property is ready to start Cashflowing. Rent comps in this neighborhood for a 3/1 are $1200-$1400. Section 8 pays $1500/month for similar properties. Give us a call today to check it out!


COMPS:
"519 Randolph Street" sold 10/31/18 $87,000 (0.5 mi)
"473 Randolph Street" sold 5/8/18 $85,250 (0.4 mi)

ARV (if you decide to sell) $86,125
Repairs: $20,000
Asking Price: $26,900
Potential Profit: $39,225

Potential Rental Income: $1500/month

Offering