If tenants stays house needs a small leak on bathroom commode fixed and a broken window replaced.
If tenant moves out house needs above repairs plus carpets cleaned, new stove and ventihood, AC registers replaced, 1 bedroom painted, touch up paint, and a good retail cleaning.
For a flip the house needs above plus new Kitchen counter tops, fresh carpet in master bedroom and freshen up the landscaping.
$89K – ARV
$5K – repairs for rental
$10K – Rehab for flip
$49K – Sales Price
**We are offering our contractual leasehold equitable interest. We do not own fee simple title. Price includes our assignment fee and right to take title to the property.