What’s there not to love about this home! This property is in a great location with amazing rent potential. It also has a semi-finished basement, if finished can increase the square footage and value of the home.
🏠 This is a one story home, great for seniors and young families.
💰 Cash flows at $670/mo. when refinanced to 5.0%
💰 Cash flows at $542/mo. at today’s rates (at year 5)
🏫 Must verify condition and cost estimates to finish the basement.
Key Insights
🎯 Location Matters: This location provides low crime rates and amazing rents.
📈 Equity Potential: Total gain is $783,629 at 20 years
🏡 Comparative Advantage: This house is priced significantly lower than its competitors in the area
📅 Market Timing: There are very few homes for sale in this area and even less at this price
📜 Rental Restrictions: Need to verify that there is no rental restrictions PRIOR to due diligence
📞 Support Network: Utilize our locally vetted teams to streamline your transaction
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What’s next?
Email/text for address, analysis and to get connected to Simply Do It’s local team that handles this transaction.
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Disclaimer
Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.
The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.