ARV: $180,000
Price: $105,000
5729 Rosehill Rd
Shawnee, KS 66216
| Don't Miss this Shawnee KS Opportunity for AWESOME Cash Flow! This unique property with 2 detached houses on a large deep lot within 1/2 block walk to Raymond Marsh Elementary. Lots of possibilities as a starter or investment property and offers extended family privacy. One price, 2 PROPERTIES, own and include a mother-in-law suite or rent both for great passive income. The back unit is currently rented and is a great opportunity to remodel at your pace and draw an income simultaneously.
Earnest Money & Deposit (EMD) Amount: $ 4,000 US
EMD and Fee due on signing: June 21, 2018
Due Diligence due date: June 21, 2018
Closing Date: July 5, 2018 or sooner
Property Stats
House 1: 3 Beds, 1 Bath, Square Feet: 1502, Year Built: 1926
House 2: 2 Beds, 1 Bath, Square Feet: 525, Year Built: 1930
Required Rehab:
Landscaping requires minor repairs.
Service/repair of the mechanical system to assure maximum efficiency.
Updating kitchen and bathroom cabinets.
Fresh Paint on the interior to modernize the look and feel of the home.
Rehab budget used was $36,600 for BOTH units and based on rental income analysis.
Investment Details:
ARV (After Repair Value): $ 180,000
Rehab Costs: $36,600 for ALL (both units included)
Projected Equity (All Cash): $ 37,400
Rental Income ranging: $900 - $1,200 per unit
Estimated Turnaround: 2 months
BUY THIS PROPERTY DEAL FOR $105,000
PLEASE SEE LINK FOR FULL INSPECTION REPORT, CMA, and REPAIR ESTIMATES on THIS PROPERTY DEAL! https://drive.google.com/open?id=1Kpdirf-OxYAvqXGJn6elz53XXCabjxkp
|
