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Pros and Cons of Purchasing a Foreclosure Auction Property
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  Property Details  
Property Images
Property Information
Project Name : Shepard
Property Type : Single Family
City : Members Only
State : Indiana
Zip Code : Members Only
County : Members Only
Square Footage (GLA/ GBA) : 660
Lot Size : Members Only
Lot Attributes : Members Only
Measurement : Sq. Ft.
Number Of Units : 0
Zoning Code : Members Only
Over All Property Condition : Minor Cosmetic
Property Description:
This property comes with the lot next door. Once again, a great rental neighborhood. 10k into this property still puts you in a great equity position and gives you cashflow!
Bedrooms - 2
Baths - 1
Style - Single Family
Sq. Feet - 660
Garage - Yes, Storage Shed
Estimate of Repairs - $7,800
Purchase Price Pre-Rehab - $25,000
After Repair Value - $55,000
Taxes - $400 per year
Tenant Placement - Yes
Property Management - Yes, 10% of Rents
Approx. Market Rents - $575
Surrounding Neighborhood:
Members Only
Purchase & Invesment Information
Purchase Price : $25,000
Investment Type : Wholesale Property
Investment Amount Needed: $0.00
Equity offered to Equity Partner : 0.00
Estimated Cash on Cash Return for Investor : Members Only
Contingency Expiration Date : Members Only
Process Complete to Date:  
  Members Only  
Personal Invesment Details
Will Seller Carry a Note : No
Familiarity with Property : Very Familiar
Familiarity with Neighborhood : Somewhat Familiar
Time Inveting in Realestate : 1 - 3 Years
Property Documents
Brochures / Flyer (0)   Market rent / Vacncy Information(0)
Demo Graphics (0)   Floor Plan / Site Plan (0)
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