Total Real Estate LLC

Tag: 28677

Posted on 06/18/2021
Another Property Sold - 204 Berry Street, Statesville, NC 28677
Very well maintained home. The home features 3 bedrooms and one bath, along with hardwood floors, spacious kitchen and living room and den area. Very spacious backyard and a front porch and carport. Excellent property for first time home buyers or a nice rental property. The home has central heating and air and a cellar type basement area. The 12x16 outbuilding and Ring cameras do not convey with the...
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Posted on 02/19/2021
Another Property Sold - 614 Armfield Street, Statesville, NC 28677
Investor special: 3 bed, 1 bath, 2158 sq ft home on an attractive corner lot. BRRRR scenario: $135,000 (ARV) - $40,000 (Rehab) x .70% = $66,500 purchase price. Refinance = $135,000 (appraised value) x .70% (Loan To Value) = $94,500 back into your pocket.  Equity gained: $40,500 (30% equity left in property.) Rent and cash flow roughly $300 plus per month with $40,500 equity left in property! OR renovate and flip for a quick 50k plus profit!! Furthest home to the left has been remodeled and all other homes on this street are in process of being remodeled, this street is on the up & up!*All information deemed to be accurate and up to the...
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