Additional Details

• Important Details: --> 2/2 with attached 1-car garage --> M2M tenants @ $1,000/mo
• Features: New deal in Copper Creek! This 2 bedroom, 2 bathroom home features 1,190 sqft with an attached 1-car garage. and sunroom. Conveniently located off of Apalachee Pkwy and Capital Cir SE. Close to Lincoln High School, Apalachee Tapestry Magnet, famous Tom Brown Park, and Lafayette Heritage Trail Park. Being offered with month-to-month tenants paying $1,000/mo. Nothing Active in this immediate pocket, don't miss out on this deal!
• Rehab Description: For a rental or flip, this needs cosmetic updates to the kitchen and bathrooms. Deep clean and apply fresh interior paint throughout. Replace the garage door and some trim/fixtures. Pressure wash and paint exterior and do some landscaping to boost appeal. Roof, Central HVAC, plumbing, and electrical are in good working order.
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $215,000 - $225,000
• Estimated Rehab: $20,000 - $30,000
• Comparable Rent: $1,400
• Construction: Frame
• Comp 1: 1177 Tumbleweed Run, Tallahassee, FL 32311 (2/2, 1245 sqft) SOLD $212k in JANUARY (1988 build, partially updated, 1-car garage)
• Comp 2: 3403 Prock Dr, Tallahassee, FL 32311 (3/2, 1174 sqft) SOLD $225k in DECEMBER (1977 build, partially updated, 1-car garage)
• Comp 3: 3509 Orlando Dr, Tallahassee, FL 32311 (3/1, 1354 sqft) UNDER CONTRACT $230k (1953 build, renovated, 1-car garage)
• Comp 4: 1236 Copper Creek Dr, Tallahassee, FL 32311 (2/2, 1032 sqft) SOLD $194k in APRIL (1989 build, updated, townhouse w/ no garage)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab