Fixer-Up 20000 Cash Bargain Deal

About the Property Attractive 3 1 ready for updates to Section 8 or market rental. Large private fenced backyard driveway separate laundry mud room off back renovated 4-5 years ago with new vinyl siding double pane windows etc. will include range and refrigerator with sale all 3 bedrooms do have hallway access so Section 8 approved bedrooms About the Repairs Currently needs - Flooring - new HVAC unit - Clean the outside and paint the inside - Minor roof and framing repair to laundry addition on back - Kitchen and bath based on owner preferences. About the Property Attractive 3 1 ready for updates to Section 8 or market rental. Large private fenced backyard driveway separate laundry mud room off back renovated 4-5 years ago with new vinyl siding double pane windows etc. will include range and refrigerator with sale all 3 bedrooms do have hallway access so Section 8 approved bedrooms About the Repairs Currently needs - Flooring - new HVAC unit - Clean the outside and paint the inside - Minor roof and framing repair to laundry addition on back - Kitchen and bath based on owner preferences. Miscellaneous Price 20 000 (all cash price) Repairs 12 000 (conservatively) Total 32 000 Rent 9 600 yr ( 800 mo) 2013 Taxes 300 yr Insurance 600 yr 10% Mgmt 960 yr 10% Maint 960 yr NOI 6 780 Projected Cap Rate 19%

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