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.mercelis@gmail.com

Member since July 2016

Do your research before making any investment!

Seller assumes all responsibility for the content of this listing.