Bedrooms: 2 Bathrooms: 1 Year Built: 1925 Square Footage: 1107 Rehab Estimate: 17,500 ARV: 95,000
Price: $47,500.00
320 Gudgell Ave
Independence, MO 64055
| No one bought this one... and my rock bottom is $43,500... So, i'm thinking I want to take this one on myself! I need 2 money partners with a little cash, and we will make money in 6-8 weeks!
Charming bungalow on an equally charming tree-lined street. Smaller starter home, in older neighborhood of Independence, new siding, new HWH, and carpet.. Excellent investment opportunity!
Bed: 2
Bath: 1
Square Feet: 1107
Year Built: 1925
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 $17,500 based on rental income analysis.
Investment Details:
ARV (After Repair Value): $ 95,000
Repair Costs: $17,500
Projected Equity (All Cash): $ 68,500
Rental Income ranging: $1,000 - $1,200
Estimated Turnaround: 2 months
Buy this Independence Property Deal for $43,500
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