This 2/1.5 townhouse needs work and has great rental potential! Do the repairs and find a tenant to realize a potential 17% CAP RATE! AS-IS Price for Townhouse - $12,500.00. Rehab Estimate - $15,000.00. ALL IN FOR $27,500.00. Rents: $700. Annual Taxes: $400. Annual Insurance: $500. Vacancy: 8.35%. Management: 8%. Monthly HOA: $220. NOI: $4,745,55. CAP RATE: 17%. OR, Rehab and Lease Option to Tenant Buyer for $40,000+
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