Property Description:
Presented by: Air Homes LLC
Call AIR Homes @856-334-0129
Look no further, we have the investment property for you! This brick faced house is located near the Dudley park in camden. The house features 1100 Sqft of living space with 3 bedrooms, 1 bathroom. The basement opens to a one park space in backyard and a single car garage. This property is close to Camden downtown and all major highways. Put this on top of your list to view!!
Please contact us at 856-334-0129 and schedule your private tour NOW.
This property is being sold in it’s “AS-IS” condition. The seller will not make any repairs to the subject property and all inspections, certifications, CO’s and CCO’s needed prior to the sale of this property will be the buyers responsibility of the buyer at his or her sole cost.
ASKING: 41,500
EST. REPAIRS: 20,000
TOTAL INVESTMENT: 61,500
ARV: $99,000
EST POTENTIAL PROFIT: 37,500
POTENTIAL ROI: 60,000
RENTS: $1,300
GROSS OPERATING INCOME: $15,600
ANNUAL EXPENSES: $3,500 ( Taxes, Insurance, Repairs)
NET OPERATING INCOME: $11,900
CAP RATE: 20%
COMPS:
ADDRESS CITY COUNTY PRICE
3433 Merriel Camden Camden, NJ $99,000
3309 Mitchell Camden Camden, NJ $110,000
123 N 23nd Camden Camden, NJ $110,000