It sounds like it's not in a very desirable area, based on the price and rents.

For auctions held on Wednesday, these auctions are based on tax foreclosures.  

And the comps in the area supported a strong ARV, so it just made sense to jump on it!

To calculate the cash-on-cash (CoC) return for the rehabbed unit, take the annual rental income from the newly rentable unit and divide it by the capital invested in the renovation.Formula:CoC Return = (Annual Rental Income) / (Rehab Cost)This will show you the return based solely on the funds you put into the rehab.

My name is Donald, and I am a Realtor and real estate investor based in the Greater Houston area.

If your calendar is packed, this indicates you are in a strong market and will quickly make ROI AND you wont have to worry about this issue again. 

Hey Prashant, I am a real estate agent based in SA, I'm my mainly focus is source invertors with properties

Also, try your best not to buy based on emotions (lol).

They’ll help you identify properties with strong rental potential, offer access to a network of contractors and inspectors, and negotiate a deal that works for your goals.

It personally took me decades to build up the financial base to get going, but once I did I was able to start making some serious progress on wealth building.