Quick Flip or great rental with awesome profit potential

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Quick Flip or great rental with awesome profit potential

Wholesaler · Monroe, MI · Member since 2016 · 16 posts · 2 votes

Amazing deal on a 3 bedroom 1.25 bath in the city of Monroe, MI. This house features a new roof, new furnace, brand new carpet in the living room and hallway and a completely remodeled bathroom. This property could be a super quick flip or a great rental. 3 bedrooms in the city are currently renting for $1000 a month. This property is in move in condition. Contact Pat to schedule your showing. 734-265-0306. Hurry this one will go quick. 

Needed Repairs

-Kitchen update

-New carpet in bedrooms

-Replace one cracked window

-Paint 

-Trash Clean Out 

Bedrooms - 3

Bathrooms - 1.2

Garage - 1

Square Footage - 1000


Price: $65,000 

Rehab: $5,000-7500

ARV - $100,000

Recent Comps 

$98,000  525 Stone 10/18/16

$110,000 518 Toledo (2 bedroom) 01/16/17

$121,543 611 Toledo 11/07/16

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  • Real Estate Broker · MI · Member since 2014 · 594 posts · 183 votes
    9y

    @Pat West do you have the estimates in place and ready to go? Please advise. 

  • Wholesaler · Monroe, MI · Member since 2016 · 16 posts · 2 votes
    9y

    Scott,

    Yes, I do have estimates ready to go. I can send you some more information if you would like. Feel free to give me a call 734-344-2317

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