Wholesale Investment Property Handyman Special Rehab Deal

August 21, 2008 at 4:41 pm Leave a comment

~New Wholesale Property Available in 64131~

6620 Lydia Ave. Kansas City, Missouri, 64131

1.5 story, single family house, 3 bed 1 bath

Wholesale Price: $22,500

Previously rented for $675/mo

Potential rent after rehab $775-800/mo

We have two contractor estimates for rehab: $12,040 or $15,000

All in cost ~ $37,500

ARV ~ $75,000 (Zestimate $78,500)

Instant equity ~ $37,500

LTV only 50% after rehab

Cash Flow ~ $257 to $370 (100% OPM @ 7% interest)

Check out our website for more info (photos, sold comps, inspection report, etc)

www.vantagerei.com

We pay a $500 referal fee if you refer a buyer.

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6620 Lydia SOLD

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