346 Mohawk Rd SE, Owens Cross Roads, AL 35763

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Home Information

  • Price:
  • Address: 346 Mohawk Rd SE
  • For: Sale
  • Bedrooms: 3
  • Bathrooms: 2
  • Area: 2000 Sq. Ft.
  • Property ID : 925

Property Description

Property Highlights
Year Built 1987
Beds/Bath 3/2
SQFT 2000
Additional Rehabs 0
Age of HVAC 2016
Age of Roof 2 Years
Tax Rate 0.80%
Neighborhood Class A-

 

Financial Summary – FLIP
Property Type FLIP
Acquisition Price $89,900
Estimated Closing Costs, Selling Costs & Fee & Rehabs $21,500
Selling Fees $5,800
Total Capital Required $117,200
After Rehab Value $145,000
Gross Profit $27,800
BTK Profit Sharing @ 20% $5,560
Net Profit $22,240
Annualized ROI 56.93%

 

Ideal for a Fix & Flip

 

  • Additional Information
  • Additional Features
Neighborhood Grade: A
Built In: 1959
Property Type: FIX & FLIP

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Financial Summary

  • Conventional Financing
Acquisition Price $89,900
Estimated Closing Costs, BTK Fees, Refinancing Fee & Rehabs $29,897
Total Capital Required $119,797
After Rehab Value $145,000
Refinance Loan @ 75% of ARV $108,750
Actual Out of Pocket Costs $11,047
Rent $1,100
Annualized ROI 57%

Ready to Buy

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