Just found my friend a good deal- SFH for $83K
and can be rented for $1500.
It needs around $5000 to fix it up. 5 bedrooms, 2 full baths, and 2 kitchens.
In Woodbridge, which is an hour or so south of DC.
Total cost would be $83K + 2K transaction fee + 2K closing clost + $5000 fixup = $92K
Cap rate = $18000/92000 = 19.6%
It needs around $5000 to fix it up. 5 bedrooms, 2 full baths, and 2 kitchens.
In Woodbridge, which is an hour or so south of DC.
Total cost would be $83K + 2K transaction fee + 2K closing clost + $5000 fixup = $92K
Cap rate = $18000/92000 = 19.6%
WENXUECITY.COM does not represent or guarantee the truthfulness, accuracy, or reliability of any of communications posted by other users.
Copyright ©1998-2024 wenxuecity.com All rights reserved. Privacy Statement & Terms of Use & User Privacy Protection Policy
