INVESTORS! TURN-KEY RENTAL HOME

227 Bethesda Rd, Statesville, NC 28677

$92,000 After Repair Value -
$55,000 Asking Price -
$2,000 Cost of Repairs =
$35,000 Potential Profit

Property Details

Asking Price $55,000

After Repair Value $92,000

Costs of Repairs $2,000

Potential Profit $35,000

Living Area N/A

Property Type Unknown

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 0

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $650

Yearly Expenses N/A

Property Taxes N/A

Net Operating Income N/A

Cap Rate N/A

Property Description

227 Bethesda Rd, Statesville, NC 28677

OFF MARKET - $55,000 Cash

Current rent $650/mo.
ARV $92k

House Details:

-House is rented - $650/mo
-3 bedrooms 2 baths
-1,448 heated sf, built in 1987
-Lot 100 x 200 = .5 acres
-Handy tenant in place for 5 years paying $650/mo.
-New HVAC, City Water
-No repairs needed if you keep the tenant
-Rehab needs for resale: new carpet in bedrooms, floor repair near front door (see photo), ceiling repair in master bath (see photo) from old roof leak that is now repaired

Transaction Details:
-Property As-is
-Cash only
-Close by September 30, 2018
-Buyer pays all closing costs
-$5,000 deposit, non-refundable (applied toward the purchase price)
-Guaranteed clear title through closing Attorney

Call or Text Rochelle for more details or pics:
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Repairs Needed

Light repairs / painting

CONTACT LISTING OWNER

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