Perfect home to BRRRR or owner finance with a downpayment. Come see this 4/1.5 house in the Meadowcliff subdivision. This place has original hardwood floors that could just be restored. Property needs minor fix-up. The lipstick work includes, new paint throughout, restore the floors, and resurface the bathtub. New doors have been installed throughout along with a new vanity. The roof and hot water tank are both 1 year old. The A/C unit is pretty old, though does still work.
ARV $85k
Repairs $6-9k ($6k for lipstick another $3k to replace HVAC)
Rents $850-925