Overview
- 2 Bedrooms
- 2 Bathrooms
- 1,080 ft
- Year Built: 1948
Description
Pleasant Grove Alabama !
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(35127 Zip Code)
– 2 Bedroom / 2 Bath ποΈποΈ/ ππ
– Property Will Need Rent Ready Rehab (Est. of $5,000-$10,000)
– Est. ARV of $160k
– NO HOA/NO RESTRICTIONS
– INTERIOR PHOTOS FROM 2021. NOT DEEMED ACCURATE
– Will be performed as a Mirror Wrap or Contract for Deed
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– 3.5% Interest Rate!!
$586.94/mo
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LTR Exit Strategy
– Section 8 Rent of $1075/m, cashflow nearly $600/m. $1100-$1200 market rent!
Flip Exit Strategy
Buy in for $98,000 ($28k down)
Put in $30k
Sell $160k = ~$20k Net