Priced under 60k and in need of no more than 35k, this deal really hits the sweet spot for just about any investor. Not to mention the house is a block 3/2.
You will need to pressure wash the house, do some landscaping and possibly reshingle the roof on the outside of the house. On the inside, you will need flooring, kitchen and bath updates, some drywall repair and some paint. You will need some other small odds and ends repaired as well.
The comps are not really rehabbed either, so getting the top of the market should not be an issue. Or you can lipstick the rehab and save some money.
Taxes: $1,258 / yr
Subdivision: Rainbow Lakes Estates
ARV: $110,000 – $120,000
Rehab: $30,000 – $35,000