Description

2 BEDROOM / 1 BATH IN GREAT SHAPE, 1 CAR PARKING, SAFE PART OF NORTH NEWARK, OFF BLOOMFIELD AVENUE, CLOSE TO PUBLIC TRANSPORTATION, LOW TAXES ($2,043/YR), AND MAINTENANCE (~$100/MO). 

GROSS RENTAL INCOME = $1,200, CASH FLOW $760/MO, ROI = 15% ROI,

GREAT VALUE FLIP... GROSS PROFIT = $32K (42% ROI), LOW PURCHASE PRICE, MAINTENANCE AND TAXES, MAINTENANCE AND TAXES.

* PURCHASE PRICE = $60K, 

* REPAIRS = $6K,

* AFTER REPAIR VALUE = $110K,

* GROSS PROFIT = $32K




Property Details

Property Status Expired
Price $59,999
Estimated Repairs $6,100
Square Footage 708
Sq Footage Source
Estimated ARV $110,000
Estimated Equity $43,901
Bedrooms 2
Bathrooms 1
Garage Size 1
Year Built 1935
Publish Date November 12th, 2016

Seller Information

PEDRO GONZALEZ

Member since August 2015


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Seller assumes all responsibility for the content of this listing.