Beds: 3 Bath: 2 SqFt: 1,494
ARV: $130k-$135k Repairs: $10k-$15k
Current Rent: $900/mo Market Rent: $1,200/mo
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Pensacola Off Market Sub2 Deal. Come check out this 3 bedroom 2 bathroom home offering 1,494 sqft of living space. The roof was replaced in 2007. This block home was built in 1953. The current tenants are on a month to month paying $900/mo. The market rent for the property once updated is $1,200/mo. To take down this subject to deal it will require $20,000 down and taking over loan at $86,500 with payments of $693.69 per month PITI at 4.25% fixed with 23 years left on the term. After down payment, repairs, and closing costs this property at market rent of $1,200/mo should bring in 15% ROI on the $40k cash invested. Call Us Now To Purchase!