This 3 bed / 2.5 bath vacant single-family home needs a full rehab. It's located just north of downtown. Great access to downtown, well-maintained neighborhood. Perfect flip opportunity or to make $1300/mo cash flow. Home needs full rehab.
- Interest Rate: 4%
- Remaining Loan Balance: about $37k + $5k HUD Loan
- Monthly PITI: $361.52
- Could Rent for (after rehab): ~$1300!!!! (AMAZING cash flow)
- PITI Breakdown: (Principal $85.09 + Interest $125.98 + Escrow (Taxes and Insurance) $150.45)
Call Russell at 901-499-4416 for more info before this deal sells!
☑️ Property details
Roof: Needs replaced
HVAC: Needs replaced
Hot Water Heater: 9 years old
Plumbing: No Visible Issues
Electrical: Unknown (Utilities off)
Kitchen+Baths: Need Update
Flooring: Needs New
ARV: $135k
☑️ PHOTO LINK
☑️ videos LINK
https://www.youtube.com/playlist?list=PLhxFEoraCy5z4b9KNGXYXtcud5eIvvGRk
☑️ INSPECTION LINK
☑️ COMPS
- 3590 Hallbrook St - sold for $83/sf
- 3642 Gillie St - sold for $73/sf
- 3545 Gowan Dr - sold for $75/sf
- 3479 Gowan Dr - sold for $76/sf
☑️ EXIT STRATEGY
- Could rent for $1,300/month!!!!
- Full Rehab (~$50k) to buy and hold
This property is an amazing deal, if you don't make an offer someone else will! It would be an excellent pick for any investor! This deal won't last long, reach out now before it's too late!
**In order to put the property under contract, there will be a required minimum of a $2500 non-refundable deposit due within 24 hours of executed contract.
**Every property that we send out are under contract by us. If you come across a property that we market elsewhere, please ignore or report. Thank you!
**Buyers do their own due diligence
**Seller of this property either owns or has equitable contractual interest in the properties marketed
*Our Assignment Contracts Are Non-Assignable
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