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Stenger St Woodburn, IN 46797

Asking Price

$179,000

Beds

3

Baths

2

Square Footage

1,968 sqft

Property Type

Single Family

Year Built

1900

Lot Size

7,501 sq ft

About This Property

Calling all investors, flippers, and handy buyers!

This handyman special is packed with potential and offers a great opportunity to build equity while making it your own.

With 1,968 square feet, this 3 bedroom, 1 full bath, 1 half bath home features a layout that is hard to find, including a large living room, office, family room, oversized laundry and bonus room, and a beautifully remodeled kitchen. Step outside to a covered front porch, fenced backyard, and detached garage, giving you plenty of space to enjoy.

Located in the friendly town of Woodburn, you will appreciate the small town atmosphere while still having everything you need just minutes away. If you have been waiting for a home with solid potential and the chance to make it your own, this is one you will want to see.

Zillow Link: https://www.zillow.com/homedetails/22517-Stenger-St-Woodburn-IN-46797/94268737_zpid/

Deal Calculator

Estimated Net Profit

$42,602

ROI: 23.1%·Cash-on-Cash: 96.7%

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Project Breakdown

Sale Price (ARV)
$250,600
Purchase Price
$179,000
Rehab Budget
$0
Interest (12%, 4 mo)
$5,728
Points (2%)
$2,864
Closing Costs (3%)
$5,370
Selling Costs (6%)
$15,036
Total Cash Required
$44,034
Net Profit
$42,602

Estimates only. Verify prices, rents, and repair scope with your own due diligence before making an offer.

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Direct Home Offers

Contact: Nicholas Krauter

Direct with the seller, no daisy chains

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