Attention rehabbers and BRRRR investors:
Here’s a heavy value-add opportunity on this investor special in Lima priced at just $28,500.
Property is being sold as-is, where-is with $9,491 in back taxes owed.
Full scope of work estimated at $50,000.
If finished properly, projected resale value is in the $125K–$140K range depending on finishes. $1100.00 to $1300.00 is the monthly rent for this investor special.
Numbers
Purchase Price: $28,500
Back Taxes: $9,491
Estimated Rehab: $50,000
All-In Before Holding: ~$88,000
Projected ARV: $130K+ (buyer to verify)
Built-In Financing Available:
• Minimum 620 credit score
• 20% down on purchase + rehab
• Proof of funds required
Major repairs include:
- Foundation reinforcement (I-beams)
- New roof
- New HVAC system
- Masonry repair
- Electrical safety updates
- Plumbing fixtures
- Drywall and paint
- Kitchen countertop replacement
Full SOW available upon request.
Serious investors only.
Email : Click Here for
• Scope of work
• Interior photos
• Financing terms
• Showing instructions
Project Management Available for this project – click here for more information
