SFR Acqusition #12 – 18037 R. Acquired with a Renter, Raised to $1,000 Immediately!
This single-family residence in the College Park neighborhood offers immediate stability and strong cash flow rather than a typical value-add project. Key highlights include:
Purchase Price: $75,000 – an exceptionally low entry point relative to the market.
Capital Expenditures: Minimal or none required ($5,000 or less anticipated).
ARV: $150,000, indicating significant inherent value.
Rent: $1,150/month, a strong return with no immediate need to adjust the lease.
Annual Taxes: $1,800 (current due: $1,615.05).