124 Northwoods Drive

Northwoods

$92,900 (Bank Repo)

3 Bedroom, 2 bath, single garage on roughly a half acre lot in beautiful Hoke County. Bank repo sold AS IS.  Vinyl siding exterior, built in 1996.  1150+/- sq ft.  Similar homes sold for $110,000.  Needs Exterior trim paint, missing siding replaced, new carpet, refrig, back door replaced, interior paint, porch railing painted, cleaning and unexpected.

Taxes:            $95.00

Ins:                 $30.00

Mgmt:             $68.00

Rent:              $825-850

Cash flow:    +$155.34 (based on 10% down at 6% rate through Carolina Mortgage)

Start up:         $5750