BiggerPockets

Description:

If there was such thing as a perfect investment property, this might be it. With three bedrooms, two baths, brick exterior, ceramic tile kitchen and eating area, vaulted ceilings in the living room, ceramic tile in both baths, large bedrooms, fenced in backyard, $200+ positive monthly cash flow, 12.41% ROI, and $25,000+ equity after repairs, there is not much this property does NOT have. To think you can buy a single family, three bedroom, two bath, brick residence for only $38,500 and it rent for $775-$875 sounds crazy, but here is the property that can do it!

Repairs to include interior sheetrock repair, interior paint, new floor coverings, and servicing of all systems.