Property Description:
Needs just a touch of TLC to make it perfect. Great for first time buyer or investor. 2 bed 1 bath Rent $450 / mo Year Built: 1954 Living Area (Approx. sq. ft.): 624 Parcel Area (Approx.): 0.10 (acres), 4,201.60 (SqFt) PRICE $25,000.00 Estimate Rehab $1.500.00 Total investment $28,000.00 Monthly Est rent $450.00 Monthly tax expenses from county records $27.92 Monthly insurance expenses $35.00 Monthly mgt expenses (10% of rent) $57.50 Monthly rent after expenses $454.6 x 12 $5,455 CAPRATE / RETURN 15.49%