SFR for sale great investment property/w $50-70K of Equity

[Richard Culpepper]

is a single family home located in Moreno Valley, CA 92557. This single family home is 2,415 sqft and on a lot of 8,276 sqft (or 0.19 acres) with 4 bedrooms, 3 baths and was built in 1986. This property has been priced for sale at $319,000.  

ARV $393-410K (market is trending upward at 3-5% per sale)

repairs $10-15K

HOA's $1320 ann. or $110/mo.

Taxes $3400 or $300/mo.

Insurance $1200 ann. or $110/mo.

Rent estimates  $1800-$2,050/mo.

comps: (high) 10097 Thrasher Cir Moreno Valley, CA 92557

$414,205 $393,000Sold May 5, 2016 4Beds 3Baths

2,623Sq. Ft.

$158 / Sq. Ft. Built: 1989Status:

Closed Sale.

23784 Yellowbill Moreno Valley, CA92557

$396,296Redfin Estimate $390,500Sold Jun 9, 2016 3Beds 3Baths

2,653Sq. Ft.

$149 / Sq. Ft. built 1993. 10895 Morning Ridge Dr Moreno Valley, CA92557 $402,758 $375,000 Sold May 12, 2016 4Beds 2.5Baths

2,391Sq. Ft.

$168 / Sq. Ft. Built: 1987