2009 S Winston St

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Purchase Overview

• Market Rent: 928 per month

• ARV: 65,000

• Repairs Needed: 21,000

• Property is livable as-is, kitchen unfinished

Property Details

• 2 Bed / 1 Bath

• Single-story home

• Original hardwood in living room, hallway, bedroom

• Bathroom updated approx. 5 years ago

• Interior Condition

• Kitchen has no cabinets installed

• Owner has new plywood subfloor and laminate flooring on-site

• Cabinets still need to be purchased and installed

• Hardwood floors in decent condition but need some attention

• Bathroom: tub, toilet, flooring approx. 5 years old and in good shape

• Systems / Mechanical

• Windows replaced approx. 5 years ago

• Additional insulation added approx. 5 years ago

• Gas furnace works and is serviced yearly

• No central air conditioning

• Plumbing reported to be in good working condition

Investment Highlights

• Strong rental area with market rent around 928

• Light-to-medium rehab needed (kitchen and minor flooring)

• Updated windows, insulation, and bathroom reduce major repair risk

• Solid value-add rental or easy long-term hold

Exit Strategies

• Buy & Hold rental with strong rent-to-price ratio

• Section 8 potential

• Add kitchen and finish flooring to push value toward ARV

Need Financing

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