Charming bungalow waiting for the right person to make it sparkle

[Beatrice Gicharu]

Charming bungalow waiting for the right person to make it sparkle again. 

Situated near highway access, shopping and sporting events. Home is selling as is.

COMPS
5536 Garfield Avenue
1027
$43,000.00
11/16/2018

5633 Park Avenue
962
$45,000.00
11/27/2018

5533 Forest Avenue
1300
$140,000.00
11/15/2018

Average ARV: $106,809

price $39,999.00
Rehab $3,000.00
total investment $42,999.00
EVERYTHING IS MONTHLY
Monthly rent $700.00
monthly tax expenses from county records 40.5
monthly insurance expenses $23.00
monthly mgt expenses (10% or 8% of rent) $70.00
monthly rent after expenses $566.5 x 12 $6,798
caprate /return 15.81%

PICTURES