Property Address: 3306 Oleander Ave. Fort Pierce, FL 34982
Owner will hold note: $15,000 (5 yrs)
Estimated Rehab: $15-20,000
Rehab that is immediate - Unit A:
1. Replace front door & frame/Back door 2. Shower faucet leak 3. Toilet wax ring will need to be replaced and sealed 4. Front window glass will need to be sealed 5. Service HVAC System 6. Dishwasher not hooked up properly
Rehab that is immediate - Unit B:
1. minor leak under sink 2. cabinet board under sink 3. sink faucet 4. one air circulation vent on roof is missing 5. stove 6. front door and back door 7. condensation line leak (Service HVAC System)Rehab that is immediate - Exterior
1. Paint 2. Replace wood siding on gables 3. Fascia/Soffits 4. Four roof tiles need to be added 5. Missing piece of concrete, which is a tripping hazard on drive way 6. Tear down and remove wooden shed 7. Replace 4 exterior doors
Current Rents: $1350.00 - Unit 1: $600.00/ Unit 2: $750.00 (once rehab is completed, rents can be raised to $1,000-$1200 per unit)
Estimated Taxes: $1456.64
As-Is Value: $125,000
ARV: $166,000
Estimated Closing Date: 12/2/2016
Please feel free to contact me if you have any questions about this deal.I can be reached at (954) 951-2788 or via email.
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