2 cloudy houses in St. Cloud Price: 174,900 ARV: 220,000 Bedroom: Main house (3…
2 Cloudy Homes in St. Cloud
Price: 174,900
ARV: 220,000
Bedroom: Main House (3) Law (1)
Bathroom: Main House (2) By Law (1)
Ext Ext Const: Frame
Built: 1922
Sqm: Main House (1,238) in Law (780)
Ppsf: 86.71
Year tax: 2,502
absorption
An overview of assets, becomes an excellent "buy and hold" has the potential to earn more than 16K a year after expenses, needs an estimated amount of 5-10K in rehab. MLS rental devices in this property area support both units, they will bring in anywhere between $ 1,900-2,100 per month, departed with an estimated net profit of 16K + (9% book value).
Rent:
In Law: 750-800
Main house: 1200-1300 / yr.
Gross Rental ROI: 13
Cap rate: 9%
Main house, central air, legal: window unit
- Kitchens are constantly updated
Updated baths
Flooring: Laminate and tile throughout
Land Size - 33 dunams
Designation: RS-2
Roof condition: Main: Old, stable, without visible leaks, Law: Newer roof
Lianne Habets