3 bedrooms, one bath home Historical - not too far from mercer university. Old hardwood floors, french doors, large covered front porch., some repairs or upgrades may be needed. Repairs are primarily cosmetic (paint, refinish wood flooring, new backdoor, etc). Suggested Updates include the kitchen, bath, electrical (currently has fuses), etc. ROI BREAKDOWN $12,000...Purchase Price $12,000...Repairs ($8k-$12k) $6,300......Annual Rent ($525/mo) $630..........Property Management (10%) $358...Taxes (2014) $300...........Insurance (estimate) $5,012.....Net Annual Cash Flow +20%.........ROI SCHOOLS Hartley Elementary Miller Magnet Middle Central High HOW TO BUY Our properties sell Very Fast and are sold on a first come, first serve basis. If you are interested and would like to put this property under contract, please contact us ASAP. Keep in mind we use our own contracts... So to make an offer, an email or phone call is sufficient. Let's Make It Happen!
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