All Forum Posts by: Max Petrov

House in good shape

roof 2018

plumbing and electric system two years old

estimate rent in this area $1500

there is huge basement winch can be converted in apartment

garage detached 

owner built two years ago  apartment above garage and it is rented for $700(brother and sister and they maintain lawn)

house is free and clear

tax $2200

vacancy 5%

Under contract subject2

House in pre-foreclosure

Asking price 210 000

loan amount 202 000

back payments 36 000

repairs 20 000

ARV 280 000

Built 1990 in very good condition\new roof 2018\never been flooded\tax 7600\owner occupied but after closing day they will move out\ cosmetic repairs like carpets and paint