💸12% CAP rate on the Richmond Buy and Hold💸

Wayne County, Richmond, IN, 47374 View full address
$44,000
1008 sq ft
For Sale

Facts and Features

Type
Attached
Parking
Assigned
Year build
1890
Lot size
4138.00 acres
Bedrooms
2
Sq. Footage
1008
Bathrooms
1

Summary

Got your next buy and hold in Richmond, Indiana.

  • 1008 sq. ft.
  • 2 bed
  • 1 bath
  • Rehab:$25,000
  • Gross Rent: $750.00
  • ARV: $75,000
  • COE 5/31/22

Seller/buyer split closing costs.

House is being sold as-is, and buyer is to pay all closing costs. No representations written or oral are made concerning the properties above. Price based on cash or hard money offer and is net to seller. All offers on properties require a $3000 to $10,000 non-refundable earnest deposit and have an average of 15 day close of escrow. Buyers to do their own independent due diligence. Sell-It Simple, LLC and or Sell-It Simple, LLC's employees or members make no guarantees concerning property condition, value, characteristics or financial benefits.

Estimated Spread

$75,000
ARV
-$44,000
Price
$31,000
Spread

Street View

Location and Comparables

Bedrooms
Bathrooms
Sq. footage
Last Sale Date
Last Sale Price
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