745 S 16th St, Newark, NJ 07103

The Numbers

Purchase Price: $53,900
Rehab Budget: $34,750
ARV: $135,000
Loan Amount: $106,205
Loan ARV: $37,500
Expected Profit: $29,000
Beautifully Remodeled Brick Bungalow! Refinished hardwood floors in living room with lots of natural light. Gorgeous eat-in kitchen with granite countertops, soft close cabinetry, stainless steel stove and microwave, under mount sink, ceramic tile floors and sliding glass doors to the deck. Two bedrooms on the first floor with hardwood floors and a remodeled full bathroom. Spacious master bedroom on the second level. Double vessel sinks and beautiful tiled shower in the fully remodeled master bath. Rec room in the lower level. Large wood deck for all your outdoor entertaining. Oversized one car detached garage. Updates include: new roof, light fixtures and interior and exterior paint. Great location close to Lake Erie with beach privilege access. New A/C in 2017. Newer Heating. -Zillow.com-