WRENG LLC | Open Doors Await

Raeford Rental – 211 Falling Leaf Dr

211, Falling Leaf Drive, Hoke County, North Carolina, 28376, United States

Buy and Hold

$210,000

Property ID :

WRENG-10593-property

Bedrooms

Bathrooms

2.5

Garage

Year Built

2005

Area

1864 SF

Rehab Cost

$20,000

After Rehab Value (ARV)

$250,000

Monthly Rental Income

$2500 as rent by room

Profit Estimate

$700 /month cash flow estimate

Description

Spectacular newer 4 bedroom rental property on large lot. Needs cosmetic fix up. As is Price $210,000. Retail ARV: $240,000+ and appreciating.

Available strategies: Sell Lease Option; Sell Work for Equity; Rent entire house; Furnish & Rent by Bedroom; Short Term Rental; Sell/rent to Non-profit for Group Living. Income and returns vary depending on strategy.

Looking for:

Investor for Wholesale (by assignment): $25,000 seller finanance available. Buyer comes with $185k cash and loan financing.
Funder: Need $50k private loan or LP equity.
Local Partner Joint Venture: Manages rental, cleaning and maintenance. Short term rental host experience is good. Construction skills (or contractor) would be perfect. Can be combined with Funder Role.