A TRUE EMERALD ON EMERALD AVENUE
This house would make a great rental and a great addition to anyone’s portfolio.
The after repair value of this house is between $120,000 and $130,000
The buyers purchase price is $70k
We are estimating a $10k rehab in order to get the house back to rent ready status
The rent comp for this house is $1200
So the buyer on this one will be all in for $80k and the house is worth $120k to $130k.
This would also make a perfect BRRR for any investor