And I hate the washer and dryer being in the kitchen, I definitely wouldn't mention it in the listing.I know in that area its common to fill in the garage, I suppose its the thing to do by investors with flips, but its not something I particularly care for.The bathroom does look a little bland and builders grade. 

In my services I will attempt to grab as much real data as possible, so I will call  utility companies, and look at the market data, and I will alter the analysis based on request.So my question is this something  potential investors might be interested in?

We anticipate about $150k in repairs when All said and done.Immediate repairs/interior rehab approximate about a 3rd of that total.Roof replacement accounts for the rest.First thing that jumps out from the spreadsheet is no PM cost.We are buying out of state,so will slap on the 8% PM fees.Because we already own a similar building in town,we know the water and sewer bill is at least 2x what it should be.So updating plumbing fixtures to reduce water utility portion is a major value play.Rents are also at least $100 under market.Financing is agency debt.6.5% interest3 year term,30 year amortization.There’s a lot of moving parts in a value play.That’s why I wanted your comments and questions first and i can respond as we go.

Hey Memphis, think about that.2017 "claimed" financials:Total Income 376,572Total Expenses: 227,348Net Income: 249,223Estimating a potential DSCR of 1.75 as-is.The top expenses are management, taxes, and Utilities (gas, electric, water, sewer etc.) 

When your cash buyer is rehabbing a house it can last 3 to 6 months, there are costs to consider for the duration of the rehab, things like property taxes, utilities, insurance.

initiate eviction for non payment of utilities if they don't pay

.* And of course one of the biggest benefits for the owner/investor is that when doing the lease option, the tenant will be responsible for all utilities and maintenance.

This is a topic of common discussion here on the forum.

I only utilize reputable Hard Money Lenders in NJ that other guys have done business with.

Its a 2 bed 2 bath single family unit which worked for me at the time because I had a roommate that I charged an extra $500 to and split utilities.