• Year built: 1900
  • Lot size: 6500 sq ft
  • Area: 1730 sq ft
  • Bathrooms: 2
  • Bedrooms: 4
  • Owner Financing Available : Yes

Description

Checkout this duplex for sale in Rockford. House is in need of updates, repairs as well as some TLC. This is not a bad rental deal, you can use our owner financing and some cash out of pocket and get a renter in that will cover almost all costs. This is not a bad deal for someone experienced in creating rentals, or someone looking for a home for a family. Make me an offer today and ask me about owner financing!

4 Beds / 2 Bath with Detached Garage

Cash Price:  $28,250 or best offer

Fix up and make a rental:

$25,000 purchase price

$750 closing costs

$10,000 estimated repairs

Total Invested:  $35,750

Gross Annual Rent:  $10,800

Insurance Cost $500 yr

Property Tax Cost $500 yr

Mgmnt Co: $1080

Vacancy:  $1080

Repairs / Maintenance:  $1080

NOI:  16.82%

View on map / Neighborhood

Want to be the first to know when we have a new property for sale?

You can either stalk our website or you can sign up for our newsletter! We won't tell if you choose the former, but subscribing to our newsletter is the best way to stay in the know when we have a new property for sale, new education content, and more!

You have Successfully Subscribed!