This is a great rehab opportunity. Fix and Flip or Fix and hold on long term. Sold

  • $7,000
  • 2 beds
  • 1 baths
  • 700 sqft
Sold

This is a great rehab opportunity.  Fix and Flip or Fix and hold on long term.

Price:
$7,000
Address:
635 East St.
Depue, Il 61322
Square Feet:
700
Lot Size:
50' X 100'
Bedrooms:
2
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Const. Type:
Frame

Additional Features

635 East St. Depue Il 61322 Fair Market Rent $550.00 Acquisition Cost $7,000.00 Materials $15,000.00 - $20,000.00 (will use the 20K figure) Holding Costs $1,000.00 Taxes $450.00 (will go up to about $900.00 in two years) $75/month Insurance $50/month Property Management $55/month Fair Market Rent $550.00 – Monthly expenses $$180.00 = Net cash flow of $370.00 per month N I PV PMT 120 10 $28,000 $370 So, figured over 10-year term you receive 10% payout on your money. If you do not sub out the property management a greater return yet.

Call (800)-255-8250 for more details

Property Location

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