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	<title>available properties</title>
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		<title>3693 Potomac in Groveport. Will Go FAST!!!</title>
		<link>http://priveinvestment.com/available_properties/2011/12/3693-potomac-in-groveport-will-go-fast/</link>
		<comments>http://priveinvestment.com/available_properties/2011/12/3693-potomac-in-groveport-will-go-fast/#comments</comments>
		<pubDate>Mon, 05 Dec 2011 17:28:11 +0000</pubDate>
		<dc:creator>Carl Medley</dc:creator>
				<category><![CDATA[Available Properties]]></category>

		<guid isPermaLink="false">http://priveinvestment.com/available_properties/?p=34</guid>
		<description><![CDATA[This property has great structural and mechanical attributes. Needs some mold remediation in the lower level. Property Description Year Built: 1979 Sq Footage: 1360 Bathrooms: 1 Full 1 half Floors: 2 (Split Level) One Car Garage Lot Size: .175 acres Acquisition Analysis Acquisition + Rehab = $34,500 Gross Income Monthly = $800 Gross Income Annual [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://priveinvestment.com/available_properties/wp-content/uploads/2011/12/CIMG0552.jpg" alt="Potomac Front" /></p>
<p>This property has great structural and mechanical attributes. Needs some mold remediation in the lower level.</p>
<p><strong>Property Description</strong></p>
<p>Year Built: 1979<br />
Sq Footage: 1360<br />
Bathrooms: 1 Full 1 half<br />
Floors: 2 (Split Level)<br />
One Car Garage<br />
Lot Size: .175 acres</p>
<p><strong>Acquisition Analysis</strong></p>
<p>Acquisition + Rehab = <strong>$34,500</strong><br />
Gross Income Monthly = <strong>$800</strong><br />
Gross Income Annual = <strong>9600</strong><br />
Annual Expenses = <strong>$2200</strong><br />
NOI (Annual Net Operating Income) = <strong>$7400</strong><br />
Cap Rate (Annual Return on Investment) = <strong>21%</strong></p>
<p><strong>Estimated ARV (After Repair Value) = Auditor Value of $101,000K at</strong> <a href="http://priveinvestment.com/available_properties/wp-content/uploads/2011/12/report.pdf"> Click Here </a></p>
<p><strong>Zillow Sales within .5 miles at</strong> <a href="http://www.zillow.com/homes/comps/34074986_zpid/"> Click Here </a><br />
Realistic LTV after repairs and aquisition = <strong>60% LTV</strong></p>
<p><strong>Project Scope of Work and Cost Estimate at</strong> <a href="http://priveinvestment.com/available_properties/wp-content/uploads/2011/12/Potomac-Estimate.pdf"> Click Here </a></p>
<p><strong>Viewing Instructions:</strong> Drive by or call for appointment for interior access.</p>
<p><strong>Terms:</strong> Cash or Hard Money</p>
<p><strong>Important Information:</strong> The $15,900 is net to seller</p>
<p><img src="http://priveinvestment.com/available_properties/wp-content/uploads/2011/12/CIMG0540.jpg" alt="Kitchen" /></p>
<p><img src="http://priveinvestment.com/available_properties/wp-content/uploads/2011/12/CIMG0545.jpg" alt="Lower Level " /></p>
<p><img src="http://priveinvestment.com/available_properties/wp-content/uploads/2011/12/CIMG0550.jpg" alt="Lower Level Mold" /></p>
<p><img src="http://priveinvestment.com/available_properties/wp-content/uploads/2011/12/Lower-Mold.jpg" alt="Lower Level Mold" /></p>
<p><strong>Contact</strong><br />
Carl at Prive Investments LLC<br />
614-934-7499</p>
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