1349 Lillian Ave, Louisville, KY 40208

This 2 bed / 1 bath home sits in a nice, quiet neighborhood tucked up against South Central Park. All the bones are good, the roof is 8-9 years old, and the electrical updated, but it needs rehabbed. This is a solid investment and will produce cash-flow for years to come. Here are the details: Purchase Price: $28,500 Estimated Rehab: $17,500 (investor all in at $45,000) ARV: $67,500 (leaving investor with $20,000 in instant equity!) Projected Rent : $750-800 Cash on Cash Return: 12%