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1617 Moreland Ave
2 Unit Appartment (already zoned)
All utilities operational (Dual: Water heater, electric meter, HVAC)
Back Yard
Front Porch
NEW Windows
Unit 1
3 beds, 1 bath, Kitchen
Unit 2
2 beds, 1 bath, Kitchen, Family room
Sales Price:$ 75,000
Rehab Est: <$15,000
Basis after rehab & expenses: <$95,000
ARV: $120,000
Refi @ 90,000= 75% LTV
Taxes: if $667, then <$55.58/mo
Insurance: $35/mo
Monthly Mortgage Est:$800/mo
Monthly Rent Unit 1: $950/mo (modest)
Monthly Rent Unit 2: $750/mo (modest)
Cash Flow Est: $900/mo
Equity: $30,000
Bring All Offers To:
Jonte Jobes
Lazarus Property Solutions, LLC
443-899-0201
lazarusps@hotmail.com
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