This cute little 3 bedroom/1 bathroom home in Anderson was listed for $119,997 and we got it under contract with a cash offer for $115,000.
Cosmetically the home was in pretty good shape and only needed some interior paint, appliances, and other small odds and ends which totaled around $5,000.
The inspection uncovered roughly $7,300 worth of issues and we were able to negotiate a $6,000 credit/price reduction with the seller.
Our client is right around $121,000 all in and this home is estimated to lease for $1050-$1150.
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T&H Realty Services is a full-service, residential Property Management company located in Indianapolis, IN.