Bedrooms: 3 Bathrooms: 2 Year Built: 1940 Square Footage: 1260 Rehab Estimate: 20,000 ARV: 135,000
Price: $74,500
6711 Harris Ave
Raytown , MO 64133
| Closing Date: April 18, 2019 or sooner
Bed: 2 – increased to 3
Bath: 1 – increased to 2
Square Feet: 1094 - 1260
Year Built: 1940
Great investment property, currently a rental and can be move-in/rental ready. Features 2 bedroom with room to increase to a 3-bedroom and includes a garage. Full unfinished basement with loads of potential. Great curb appeal and great for the fix and flipper or buy and hold strategy at a great price.
Landscaping required to make the property pristine, presentable and with curb appeal.
Service/repair of the mechanical system to assure maximum efficiency.
Updating kitchen and bathroom cabinets.
Fresh Paint on the interior to modernize the look and feel of the home.
Increasing unfinished space in basement to add bedroom and bathroom.
Rehab budget used was $20,000 to complete the above – ALL-IN dollars $94,500.
Purchase Price : $ 74,500
(Includes Wholesale Fees)
ARV (After Repair Value): $ 135,000
Projected Equity (All Cash): $ 41,000
Rental Income ranging: $ 825-1200
Estimated Turnaround: 3 months
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