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Montgomery County, AL

$50,000 · MONTGOMERY, AL 36110
Works for flippers · Works for landlords

Available

$50,000Asking price

3 bd · 1 ba · 864 sq ft · built 1960

MONTGOMERY, AL 36110

No contract on file

via InvestorLift Classic

6 views · 1 saved · listed Oct 26

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $77,000
Asking price: −$50,000
RepairsMiddle of our estimate, $0 – $7,500: −$3,750
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$5,425
Profit23.1% of ARV · flippers want 10%+: $17,825
Works

Works for a flipper up to $59,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Mauricio Roque

No reviews yet

Comps

Sales

Rents

ARV $77,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $33,000.

The sales behind this value are shown to members.

ARV $77,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Mauricio Roque

No reviews yet

Seller Description

HOT SECTION 8 RENTAL DEAL — MONTGOMERY, ALABAMA!

TURN-KEY RENTAL in Montgomery, AL 36110

ASKING PRICE: $50,000 - BUY NOW $52,000

PROPERTY DETAILS

3 Bedrooms
1 Bathroom
864 Sq Ft
7,695 Sq Ft Lot
Single-Family Home
Built in 1960

Turn-Key RENTAL INVESTMENT NUMBERS

Current Section 8 Tenant in Place
Current Monthly Rent: $750
Potential Market Rent: $950–$995/month, subject to Section 8 approval
Current Annual Gross Rental Income: $9,000
Potential Annual Gross Rental Income: $11,400–$11,940

Sold Estimated As-Is Value: Approximately $77,000

STEP INTO THE SECTION 8 RENTAL BUSINESS!

Looking to add another property to your rental portfolio? This could be an opportunity to acquire a single-family home with an existing tenant and potential rental upside.

CALL OR TEXT MIKE: 914-415-6166

ROQUEINVESTORCLUB.COM

#Section8 #RentalReady #CashFlowInvesting #MontgomeryAL #RoqueInvestorClub

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