• Bedrooms: 2
  • Bathrooms: 1
  • Area: 960 sq ft
  • Lot size: 7841 sq ft
  • Year built: 1936

Description

This is a great property! Nice lot with possible backyard access. Over sized and detached garage. Conveniently located near grocers, parks, shops, and more. Ask us about our owner financing options for this home, make us an offer today.

507 Hawthorne Ave High Point, NC 27262

Asking $35,340 or best offer!

Average Rents in Area:  $1000

Fix up and make a rental:

$18,000 purchase price

$1000 closing costs

$20,000 estimated repairs

Total Invested:  $39,000

Gross Annual Rent:  $12000

Insurance Cost $1000 yr

Property Tax Cost $1000 yr

Mgmnt Co: $1200

Vacancy:  $1200

Repairs / Maintenance:  $1200

Cash Buy NOI:  8%

Key Words:  Fixer upper, Needs work, TLC, Handyman Special, Bank Owned, REO, Auction, Must Sell, Motivated, Estate Sale, Equity, As-Is, Owner Financing, Seller Financing, Seller Carry, Lease Option, Rent to own, New Mexico

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