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Updated almost 8 years ago on . Most recent reply

User Stats

62
Posts
27
Votes
Dan Walters
  • Real Estate Investor
  • Boise, ID
27
Votes |
62
Posts

Idaho SFR Buy & Hold/Cash Flow Investors...Mt. Home ID

Dan Walters
  • Real Estate Investor
  • Boise, ID
Posted

Below market value SFR property in Mountain Home, ID currently rented.

$54,000 wholesale price

Market value $68-75K depending on improvements.

Built in tenant on current month to month at $600/mo. and wants to stay.  Tenant has been notified that rents would/could be moved to $700/mo with a few property improvements.

Repairs needed:

Minor cosmetics- $1000-1500 (some siding/soffit issues, minor electrical and plumbing updates)

Will need new roof in 1-3 years ($4500-5k)

Taxes: $890/year

Property is all electric with heat pump 

Tenant pays power, Landlord pays WST

Inspection and pictures available upon request.

This is a wholesale transaction and requires a cash sale.

Message me for further information.

Thanks for looking

Offering

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