Rehab: $4,000 – only for tenant turnover- no rehab currently necessary
Rent: $500/mo through 12/17, $800/mo market rate easily, but I think it will get $1000-1050 as there is simply nothing else under $1000/mo around there.
This is a nice little deal that is already tenanted at $500/mo, but when the lease is up at the end of the year, market rents dictate closer to
$1000-1050/mo, so this will be a great cash flow property then! Rehab is minimal–turnover fixes only.
Comps and photos available.
Call Stephen for more details and access 214-643-8464