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Updated over 9 years ago on . Most recent reply

User Stats

293
Posts
81
Votes
Richard Ball
  • Real Estate Agent
  • Port Huron, MI
81
Votes |
293
Posts

2/1 comps at 26,000 rents at 750

Richard Ball
  • Real Estate Agent
  • Port Huron, MI
Posted

800 sq ft 2/1/1 on Studebaker in Warren, MI. Comps in the area show investors are buying between 12k and 14k and home owners are buying around 25k. Rent in the area goes between 700 and 800 a month. Estimated rehab is 8k. This is an off market deal, what would you offer?

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