Off-Market - IMMEDIATE EQUITY - Investor Special!
Off-Market Investor Special!
4-Bed, 2-Bath Single Family Home
Prime Location: 1123 E. First St., Monroe, MI
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Serious Buyers Only—This Property Will Go Fast!
Property Overview
4 Bed / 2 Bath / 1,524 SQFT
Lot Size: 3,920 SQFT | Built: 1893
Off-Market Single Family Home
Owner Occupied | No HOA
Estimated Value: $140,000
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Investment Snapshot
Purchase Price: $40,000
Equity Potential: $45,000 (100%)
Monthly Rent Estimate: $1,400
Gross Yield: 16.8%
Avg Comp Price: $129,000 | 125.5 Days on Market
Rehab Estimate
Estimated Cost: $60,000+ (Complete Gut)
Scope of Work:
Roofing & Windows
Drywall & Paint
Kitchen & Bath Remodel
Electrical & Plumbing Updates
Deep Cleaning & Trash Out
Rehab Estimate
Estimated Cost: $60,000+ (Complete Gut)
Scope of Work:
Roofing & Windows
Drywall & Paint
Kitchen & Bath Remodel
Electrical & Plumbing Updates
Deep Cleaning & Trash Out
After Repair Value (ARV)
Projected ARV: $145,000+
Top Comparable Sales: $257,500
Comps Nearby:
814 E Front St – $257,500 (0.4 mi)
520 E Front St – $148,000 (0.4 mi)
942 E 4th St – $110,000 (0.4 mi)t
EXIT STRATEGY
Fix & Flip:
All-In: $158,000
Sell: $200K+
Profit: $40K+
Buy & Hold:
Rent: $1,203/mo ($14,436/yr)
Potential Post-Rehab Rent: $1,500/mo
BRRRR:
Buy → Rehab → Rent → Refinance → Repeat
CASH OR HARD MONEY BUYERS ONLY – NO EXCEPTIONS
PROOF OF FUNDS REQUIRED WITH ALL OFFERS
SERIOUS INQUIRIES – SUBMIT YOUR OFFER TODAY!
PROPERTY SOLD AS-IS – IMMEDIATE CLOSING AVAILABLE
EXCLUSIVE OFF-MARKET DEAL – DON’T MISS OUT!
