Ranch wholesale deal available in Covington. Needs some rehab work on the kitchen which had a small fire a while back, and painting throughout. Nothing major, cannot even tell there was a minor fire since the owner ripped out the drywall and all smoke smell has lifted. Also has low maintenance tile throughout the house.. Finish the rehab work on this one and add another great house to your portfolio! Will rent for $875 - $950 once repaired.PP 49,900Rehab $10,000Total Investment $61,000Rental Income $900 X 12 = $10,800 AnnuallyTaxes $900Inisurance $450Net Income: $9,450 Annually15.5% ROI!
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