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Updated almost 10 years ago on . Most recent reply

User Stats

122
Posts
36
Votes
Makenzie Kelly
  • Investor
  • Livermore, CA
36
Votes |
122
Posts

Indy: $16,499 Low Priced Cash Flowing! 3 br/1ba Will rent for $550!!

Makenzie Kelly
  • Investor
  • Livermore, CA
Posted

Solid house and great starter for anyone wanting to make easy entry into the great Indy market. This property will be going fast.  PM me for the property flier and address.  

House is in B condition in a strong C neighborhood. Laminate flooring and good structure.  Will cash flow nicely with little risk. 3 bedrooms make this home attractive for families.  Not much to lose here!

Asking: $16,499

Repairs $1,000

ARV: $20K-$22K

Rents: $500-$600

3 Bed/1 Ba 1064 sq feet.

PM for address and other details.  More pictures coming soon!

Offering

Most Popular Reply

Account Closed
  • Indianapolis, IN
149
Votes |
210
Posts
Account Closed
  • Indianapolis, IN
Replied

what's your definition of a "C" class neighborhood? because with those numbers it would be more of a "D" neighborhood. 

$1000 in repairs. Is this prop already been rehabbed? If so, then why would there be any repairs? 

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