Contract Assignment · 3BR/2.0BA in Erlanger, KY | $80,000

About this deal

Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 4243 Olympic Blvd, Erlanger, KY. Contract price $80,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.

The numbers

Cap rate

9.8%

Net operating income

$16,656/yr

Cash flow

+$1,388/mo

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.