$ 29,900.00

  • Bedrooms: 2
  • Bathrooms: 1
  • Area: 932 sq ft
  • Lot size: 6599 sq ft
  • Year built: 1900

Description

We’d like to sell this fixer upper in Linton, IN to an investor that can bring their tools and bring this one back to life. It needs a good handyman to get it back up and running with a full rehab but there is profit to be made after it’s done.

Taxes: $1,057

2 Beds / 1Bath  932 square feet

Cash Price:  $29,900 or best offer

Average Rents in Area:  $1,000

Fix up and make a rental:

$29,900 purchase price

$1000 closing costs

$10,000 estimated repairs

Total Invested:  $40,000

Gross Annual Rent:  $15,000

Insurance Cost $1000 yr

Property Tax Cost $1000 yr

Mgmnt Co: $1320

Vacancy:  $1320

Repairs / Maintenance:  $1320

NOI:  10%

 

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Make me an offer today! Call Mike 321-286-8253 ext 4

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