Montgomery County, Montgomery, AL 36105

PURCHASE PRICE: ONLY $35,000! ESTIMATED LIGHT REHAB: $10,000 ESTIMATED ALL-IN: $46,050 ESTIMATED ARV: $60,000 2 BEDROOMS / 1 BATHROOM 868 SQ. FT. 0.21-ACRE LOT Looking for an affordable rental property with a low acquisition cost and the potential to recycle your investment capital? This Montgomery property offers an opportunity to buy, renovate, rent and refinance! THE NUMBERS Purchase: $35,000 Estimated Rehab: $10,000 Closing Costs: ~$1,050 Total All-In: ~$46,050 Estimated ARV: $60,000 Current Rent: $650/month Projected Annual Gross Rent: $7,800 PROJECTED 10.6% RETURN ON COST BEFORE FINANCING! THE BRRRR PLAY BUY FOR $35K → RENOVATE FOR ~$10K → RENT → REFINANCE! At the projected $60K valuation, a 75% LTV refinance could potentially return approximately $43,650 after estimated refinance costs, leaving just $2,400 of the original investment in the deal!