330 N Benwiley Ave, Santa Maria, California Available

  • 3 beds
  • 2 baths
  • 1120 sqft

This is a 3 bed 2 bath 1120 sq ft SFR, our plan for this property is to perform a minimal cosmetic rehab and then to rent the property. We expect the renovation to take approx 3-4 weeks and to have tenants in place in less than 1 month.

We are familiar with rentals in the rental market here and have applicants from other properties pre screened and on a waiting list. Following the renovation and stabilizing of the rents we plan to refinance into a long term rental loan within 6 months.

The scope of work includes a light cosmetic renovation including new interior and exterior paint and any necessary repairs. New bathroom vanities and cleaned

Purchase Price $407,000

Renovation $33,000

After Repair Value $535,000

Buy In $65,000

Projected Return 12% Annualized

Projected Timeframe: 6 months

Comparable Sales

Address:
330 N Benwiley Ave
Santa Maria, California 93458
Square Feet:
1120
Lot Size:
6098
Bedrooms:
3
Bathrooms:
2
Terms:
Owner Finance
Property Type:
Home
Year Built:
1959

Call (805) 735-5669 for more details

Property Location