Description

Here is a real opportunity for a great ROI! 

This property is located at 3043 Hubbard Road in Charlotte, NC.
It is a 3 bedroom / 2 Bath house located close to schools, shopping and the University.
This is the perfect rental house for investors who want a great ROI.

With conservative numbers, you’ll reach a NET cap rate well over 9%!!!

($1250 x 12 x 0.65)/100,000 = 9.84%

With as little at $10,000 this house will be in move-in condition!
From Zillow, this property has an After Repair Value over  $150,000.
Rentals (Rent-o-meter) is estimated over $1250/mo.

 

The price is $89,000

This is strictly for cash buyers only. We will not consider financing.

Please go by the property and take a look!




Property Details

Property Status Expired
Price $89,000
Estimated Repairs $10,000
Square Footage 1464
Sq Footage Source
Estimated ARV $150,000
Estimated Equity $51,000
Bedrooms 3
Bathrooms 2
Garage Size 2
Year Built 1956
Publish Date July 29th, 2016

Seller Information

Nadia White

Member since July 2016


Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.