Winter Haven Rental W/Mother-In-Law Suite!!

sixth Street, JPV, Winter Haven, FL 33880 INVESTMENT: $81,000 https://www.facsold.com/show_listing_details.php?prop_id=38125#photoDetails ARV: $120,000 +/- Current Rent: $900/month (month-to-month) Market Rent: $900-1,200/month +/- Rehab: $10,000 +/- 3 beds / 3 baths (2/2 + 1/1) 1,038 sq-ft Built: 1960 Construction: Block HOA: $0 Comps: 129 fifth St, JPV SOLD $125,000 4/29/2018 123 second St, JPV SOLD $115,000 2/14/2018 The roof is about two years old, but there is some damage from a storm that the owner was not aware until the tenant brought it to his attention. The owner has stated he will take care of it as well as any septic and plumbing issues. Additional rehab will include paint, floor, vanity, cabinet touch-up, fixtures, and some drywall repair. Appraiser says this is a 3/2 but on walk through we see it is a 2/2 plus a 1/1 mother-in-law type suite with its own kitchen. Tenant is month-to-month and will vacate by closing...which is scheduled for 6/17/2018.