Rental property available

From: George B.
Sent on: Wednesday, February 22, 2012 3:16 PM

We have a rental property under contract near Airline and Plank Road. It is a shotgun style home set up as a duplex. Each side has 1 bedroom and 1 bath. Property was previously getting $600 on one side. Other side was vacant. It is in need of about 20K in repairs. Much of it was gutted and it is now in need of walls, fixtures, floors, window units, etc. $20,000 will cover a very basic and bare bones rehab to get it in rental shape. 

The numbers:

Wholesale price:  $9,000
Needed repairs:   $20,000
Total Investment: $29,000
Rental income:   $900 (conservative)

Send us an email or give us a call if you're interested. Must be able to close by March 7th. Cash buyers only. Thanks for your consideration.
George Boudreaux | Cell [masked]
Cardinal Homes, LLC | Fax [masked]
4021 Ambassador Caffery Pkwy, Ste 250
Lafayette, La 70503
We Buy Houses in any condition, area, and price.
Licensed Real Estate Agent

Sign up

Meetup members, Log in

By clicking "Sign up" or "Sign up using Facebook", you confirm that you accept our Terms of Service & Privacy Policy