Summary
| Total After Repair Value | Buy and Hold |
| Total Optimized Rent | $1,000 |
| Total Current Rent | $500 |
| Asking Price | $100,000 |
Property
| Address | City | Bedroom | Bathroom | Sqft | Acres | ARV | Current Rent | Optimized Rent |
| 1807 Oak Street | Greensboro | 2 | 1 | 720 | 0.11 | Buy and Hold | $500 | $1,000 |
Comparables
| Address | City | Comp Link |
| 1807 Oak Street | Greensboro | https://triad.mlsmatrix.com/Matrix/Public/Portal.aspx?ID=DE-41074423664&eml=cG9tcGV5LnJvYmVydEBnbWFpbC5jb20= |
Details
| System | Notes |
| Roof | New |
| Heating | Gas |
| Air Conditioning | Central Air |
| Plumbing | Good condition, no reported issues |
| Electrical | Good condition, no reported issues |
| Windows | Wood windows, good condition |
| Occupancy | Tenant Occupied – $500/month |
| Water Heater | Good condition, no issues reported |
| Water Source | City |
| Sewer Source | City |
Description
Buy and hold, only a 2 minute drive from UNCG, good condition, cash flowing below market rate at $500 month to month. New roof installed, new flooring in kitchen, central a/c installed around 5 or 6 years old per owner. Lots of cash transactions in the area.
Video Walkthrough
Disclosures
ASSIGNMENT OF CONTRACT, CASH OR HARD MONEY ONLY, MUST CLOSE WITH OUR ATTORNEY, SELLERS DO NOT YET OWN, SELLERS ARE LICENSED NC REAL ESTATE AGENTS AFFILIATED WITH LEGACY REAL ESTATE SERVICES.
BUYERS TO PAY SELLER’S CLOSING COSTS
$1,000 NON REFUNDABLE EARNEST MONEY DEPOSIT DUE ONCE AFTER VIEWING
TENANT OCCUPIED, DO NOT DISTURB, SHOWINGS ONLY AFTER ACCEPTED OFFER
TITLE IN THE PROCESS OF BEING CLEANED. EMD IS REFUNDABLE IF CLEAR AND MARKETABLE TITLE CANNOT BE OBTAINED BY CLOSING.