$37,500.00 $30,000.00

5317 Leah Dr Wilmer, AL 36587

21% ROI! Great Rental Property!

3/2 Manufactured home on a corner lot! This home will need a roof eventually but there are no leaks at this time. There are some soft spots in the flooring but that is an easy fix! This will make a great income property!

Specs:
Roof: 15 years
AC: n/a

Est ARV: $45,000
Est Reno: $10,000
Est Rent: $945
NOI: $10,099
COC ROI: 21%
CAP RATE: 28.85%

YOU SHOULD INDEPENDENTLY VERIFY ALL FACTS, FIGURES, REPAIR ESTIMATES, ARV’S, RENTAL AMOUNTS, PROPERTY FEATURES, AND MEASUREMENTS. ALL PROPERTIES ARE SOLD AS-IS, WHERE-IS. IRBY LLC/Irby Home Buyers, LLC has an assignable purchase agreement or other ownership interest in the property above. We are investors exploring the possibility of assigning our purchase contract with the seller, selling our interest in the property or doing a double close transaction. All deals and offers are subject to IRBY LLC/Irby Home Buyers, LLC getting marketable title. Member and manager of IRBY LLC and IRBY Home Buyers, LLC is a licensed Alabama Real Estate Agent.

Details

ID : 14818
Price : $37,500.00 $30,000.00
Property Type : House
Purpose : Sell
Status : Available
Bedrooms : 3
Bathrooms : 2
Address : 5317 Leah Dr
State : AL
Zip Code : 36587
City : Wilmer

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