2/1 in Good Condition - Minor rehab - Tenant needs time to move

[Andres Ospina]

Asking Price	$79,000	Occupancy	Eviction
Deposit Required	$5,000	Occupancy Notes	The occupant is named Bill who got sick and fell behind on mortgage payments, nice guy and asked for 90 days to move out. Will move out sooner if offered assistance to move. Nice guy just had some bad luck.
Frame/CBS	CBS	Lease Information
ARV Minimum	$115,000	Rental Amount
ARV Maximum	$125,000	Estimated Rent	$1,250
Property class	Single family	Security Deposit
Bed	2	Lockbox/Tenant information
Bath	1	Access to House	Limited access. Occupant is disabled
Parking	Carport
SQ Feet - Living Area	962
Central/Wall Unit	Central Air
Year Built	1953
Pool
Rehab Amount Min.	$5,000
Rehab Amount Max.	$18,000

For a rental, this property needs minor drywall repair in the kitchen where a non structural wall was removed. Updated kitchen cabinets would go a long way. One new bathroom vanity and a deep cleaning throughout would make this rental ready. A small roof patch in rear laundry room area must be repaired. For a flip, the kitchen should be updated with new appliances, bathroom should be updated and interior/exterior paint job would transform this home. New flooring and some landscaping would finish off the updates.

A modern looking home located in the desirable area of Debary, just a 30 minute drive from Daytona Beach. The property features hardwood floors and central AC throughout. This is an investor dream for an easy rental or flip!

***Buyer agrees to assume property with possible eviction. Seller makes no representation of rents or current leases.*** Comps: 21 MONROE AVE 3/1 with 800 sq ft sold 116k FHA. Was on market for only 39 days. June 2016 17 MONROE AVE 3/2 with 971 sq ft sold 153k FHA March 2016 28 MONROE AVE 2/1 with 1315 sq ft sold 83k cash- needed full updates. April 2016. Now pending sale as a 3/2 for 169k