2000 sf main house 4/1, plus (permitted) mobil home guest quarters (approx. 400 sf), 2 car garage, fully fenced corner lot with RV parking.
Fix and flip or Great Rental (21% ROI) , priced at 40-50 cents on the dollar!
Flip numbers:
Purchase Price $69,000
ARV= $150-175k
Repairs/rehab $20k (needs flooring, paint, misc.)
Cash only, EMD=$5000, closing May 21st or sooner.
Buy and Hold rental numbersRehab $5,000 (make rent ready)
Main house rent $950
Guest quarters rent $650
Gross income= $1600/mo
GSI=$19,200
Expenses 20%. $3800
Management assistance available if needed.
ROI=21 %
| Price: | $69,000 |
| Address: | 15771 M St. |
| City: | Mojave |
| State: | CA |
| Zip Code: | 93501 |
| Square Feet: | 2000 |
| Bedrooms: | 4 |
| Bathrooms: | 1 |
