Only a quick cosmetic rehab is required on this 4.3 house sitting on a nice 4.5 acre piece of land. Pick up this off market gem for only $285,000 cash and put in $24,000 in repairs. Seller has a recent appraisal at $405,000. With transaction and holding costs, we see a nice $77,000 profit for a 25.4% cash on cash return!House has already been partially updated in the past few years with a new roof, HVAC, water heater, granite tops and new sinks and fixtures in the kitchen and baths. House needs some tree removal, minor shingle repair (from the trees you will remove), exterior pressure wash, stain and seal on outside. The inside needs new flooring, paint and refinish the kitchen cabinets.
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