🪄CONTRACT FOR SALE 🪄

Inspection report/Pictures/Videos/Comps: (Click Here)

Starting Price: $37,000

⬇️ General Property Info ⬇️

○ Property Type: SFH

○ Beds: 3

○ Bath: 1.5

○ Sqft: 1,310

○ Windows: All windows are vinyl, but 9 of them have broken glass so will need to be replaced

○ Furnace: NA, Need to install

○ Hot Water Tank: NA, Need to install

○ Roof: Unknown age but looks great & no leaks/issues. A few missing shingles.

○ Electrical & Plumbing: Electric and water were off at time of inspection, but all wires and pipes look excellent and were installed in 1997

○ Structural/Basement: No Structural issues, Basement was in excellent condition

○ Siding: Vinyl siding, No damage/issues

○ Occupancy: Vacant

⬇️ Numbers ⬇️ 

○ ARV: $130-150k (See comps)

○ Rehab Level Estimation: Cosmetic rehab needed with majors - Need a furnace (~$5-$6k), Hot water tank(~$1k), carpets need to be steam cleaned or replaced with new carpet/LVP, 9 windows need to be replaced (~$300-$400ea=$2700-$3600), minor landscaping (< $500), minor roof work (<$800).

○ Potential Market Rent(Rentometer): $1,200/month

○ Potential Section 8 Rent (FMR): $1,434/month

○ Est COC Return using 100% cash: 20%+

○ Potential Flip Profit: $35k+

○ Property Taxes: $99/month

○ Estimated Insurance: $60-$70/month

○ Access: By Appointment

○ Submit highest and best offers by: 4/25

Please reach out for more information.

Shawn Mendel

📞216-460-2714  |  📧shawn@realestatewizards.net

**Buyers do their own due diligence

*Seller of this property either owns or has equitable contractual interest in the properties marketed

*Seller has exclusively relied upon the information listed within the MLS, County Assessor's office, and Property Tax office to determine all measurements including lot size, square footage, number of bathrooms, number of bedrooms, number of total rooms, zoning, permitted and prohibited uses, construction materials, parking, year of construction, and all other pertinent data relating to the physical improvements and land area of the subject property. Buyer acknowledges and accepts that seller makes no representations and warranties of any kind, whatsoever, as to the actual conditions that may exist within or around the property, and buyer acknowledges that it has conducted its own investigation of these facts, and is purchasing the subject property based upon its own conclusions. Buyer expressly acknowledges that it is purchasing the property in "as is, where is' ' condition.

Real Estate Wizards, LLC