This is a perfect flip OR rental opportunity, priced to sell fast, on a 0.5 acre lot! Here's the breakdown:

Condition (Please watch full video walkthrough below):

• Roof Needs replaced
• HVAC needs to be installed
• Ceilings need repair

Numbers:

• ARV: $205k
• Estimated Repair Costs: $50k
• Average rent for 3 bedroom in this area is $1500/month (passes the 1% rule)
• Asking Price: $100k

Comps:

• 1034 Motor Rd is 3 bed, 1 bath, 1170sf and sold 2 weeks ago for $213k ($182/sf)

Points of Interest:

• Wake Forest University: 8 Minutes
• Smith Reynolds Airport: 5 Minutes

Closing is scheduled for August 16th and buyer agrees to pay for all closing costs. Please contact Andrew at 980-231-8010 if you are interested or have any questions.