$ 10,800.00

Description

Great opportunity for a first time buyer or an experienced fixer upper! This house needs some TLC, but has plenty of potential. Ask me how to view this home today and be sure to ask me about owner financing!

314 Park St Lynn, IN 47355

3 Beds / 1 Bath  1314 square feet

Cash Price:  $10,800 or best offer

Average Rents in Area:  $1,200

Fix up and make a rental:

$10,800 purchase price

$500 closing costs

$6,000 estimated repairs

Total Invested:  $17,300

Gross Annual Rent:  $12,000

Insurance Cost $1000 yr

Property Tax Cost $1000 yr

Mgmnt Co: $1320

Vacancy:  $1320

Repairs / Maintenance:  $1320

NOI:  11%

 

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