(#15) – Best neighborhood yet!

A stone’s throw away from a few $200k+ homes, overlooking the entire city as long as trees aren’t full of leaves. Purchase – $21,000 Renovations – <$16,500 Income/yr – $9,000 Insurance – $750/yr Taxes – $1250/yr R&M Escrow – $1000/yr NOI – $6000/yr or 16.4% ARV – $65,000-$75,000