In-place cash flow and incomplete rehabs. Every rowhome still needs an exit-price check.
Prices and source dates below are explicit. A listing can remain active for weeks; the date shown is not automatically a new listing date. Pending/contracted leads have been excluded.
The listing advertises an existing tenant paying $1,500 per month. That is $18,000 yearly advertised gross rent, or 18% of the asking price before a single expense.
The listing describes partial renovation already completed, including kitchen finishes and bathroom work. The opportunity depends on the remaining budget and nearby completed-home sales.
A screen is not an appraisal or an offer recommendation. Contact the listing agent for up-to-the-minute availability.
$1,500 listed monthly rent / $100,000 ask = 18.0% gross annual rent-to-price. This ignores vacancy, maintenance, management, taxes, insurance, debt service and eventual capital expenses. Verify the actual lease and collections first.
Get a property-condition and capital-stack conversation before you pay for a full underwriting package. No loan commitment is implied.
