Closing on this deal in 30 days. JV with us for $35K and get 10%. We will sell on terms to an owner occupants for $50-55K at 10%.
Repairs: $3-5K (very minimal)
Market Rent: $550
Large fenced in backyard sitting on 2 lots. This home has a screened in front porch as well as a nice patio with French double doors in backyard
Possibility to add a 3rd room
Brand new wood floors and cabinets
This is a HUD inspected home, so everything is up to standard.