$65,000
🔥 Off-Market BRRRR Deal in Saginaw, MI | $1,260 Potential Rent | $130K ARV!
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Why Buy?
ARV
$130,000
Potential Rent
$1,260
Cash on Cash Return
21.22%
The Numbers
Asking Price
$65,000
EMD
$1,000
HUD Rent
$1,260
Off-market BRRRR opportunity in Saginaw, MI! The property features a 5–6-year-old roof, 10–15-year-old HVAC with no known issues (no central air), and a water heater that is approximately 10 years old with no issues. Electrical and plumbing are both reported to be in good condition with no known issues. With nearby comparable sales supporting the value, investors can potentially achieve approximately $354/month in cash flow and a 21.22% cash-on-cash return with DSCR financing.
Comp 1 - 4 Westview Ct, Saginaw, MI 48602
Comp 2 - 3030 Brockton Pl, Saginaw, MI 48602
Map
Subject PropertyDeal summary
Section 8 SFH in Saginaw, MI 48602 – $65,000
3 bed · 2 bath · 1066 sqft · built 1945 · Saginaw County
Off-market BRRRR opportunity in Saginaw, MI! The property features a 5–6-year-old roof, 10–15-year-old HVAC with no known issues (no central air), and a water heater that is approximately 10 years old with no issues. Electrical and plumbing are both reported to be in good condition with no known issues. With nearby comparable sales supporting the value, investors can potentially achieve approximately $354/month in cash flow and a 21.22% cash-on-cash return with DSCR financing. • Comp 1 - 4 Westview Ct, Saginaw, MI 48602 • Comp 2 - 3030 Brockton Pl, Saginaw, MI 48602 • Comp 3 - 2259 Avon St, Saginaw, MI 48602
HUD rent $1,260/mo · est. rehab $10,000