Found another GREAT deal in CA.  This one is ideal for cash flow.  Asking $65.5k, contractor bid came in at $10k, Rentometer shows rental rates at $1250/mo.  Not bad cash flow stats.  ARV at $105k.  Available late December.

3024 Richland, Rosamond, CA

http://budurl.com/kub9 for more pics, comps below.

Rentometer Rental Comps $1250:

Comps from last 3 months:

Address:  3100 MYRTLE AVE   (0.07 mi) APN: 472-161-24-00
Beds/Baths: 3/2 Sqft: 1329 Built: 1989
Use Code: SFR Units: Lot Size: .1663
Sale Date: 09/10/2010 Sale Amt: $95,000.00

Address:  3000 MELVIN ST   (0.20 mi) APN: 472-173-26-00
Beds/Baths: 3/2 Sqft: 1349 Built: 1989
Use Code: SFR Units: Lot Size: .1901
Sale Date: 08/06/2010 Sale Amt: $90,000.00 0


Address:  2756 WESTLAND DR   (0.30 mi) APN: 251-343-14-00
Beds/Baths: 3/2 Sqft: 1330 Built: 1990
Use Code: SFR Units: Lot Size: .1472
Sale Date: 08/20/2010 Sale Amt: $103,000.00

Address:  3401 TOPGUN ST   (0.39 mi) APN: 251-603-01-00
Beds/Baths: 3/2 Sqft: 1497 Built: 1994
Use Code: SFR Units: Lot Size: .16
Sale Date: 10/14/2010 Sale Amt: $116,000.00
Address:  3417 TOPGUN ST   (0.41 mi) APN: 251-603-03-00
Beds/Baths: 3/2 Sqft: 1497 Built: 1994
Use Code: SFR Units: Lot Size: .15
Sale Date: 10/07/2010 Sale Amt: $99,000.00
Address:  2648 WESTLAND DR   (0.41 mi) APN: 251-343-03-00
Beds/Baths: 3/2 Sqft: 1330 Built: 1989
Use Code: SFR Units: Lot Size: .1468
Sale Date: 07/09/2010 Sale Amt: $105,000.00

Address:  3308 DALE CT   (0.41 mi) APN: 251-341-25-00
Beds/Baths: 3/2 Sqft: 1473 Built: 1989
Use Code: SFR Units: Lot Size: .1591
Sale Date: 10/18/2010 Sale Amt: $131,000.00

Address:  3461 GRANITE CT   (0.43 mi) APN: 472-192-14-00
Beds/Baths: 3/2 Sqft: 1266 Built: 1992
Use Code: SFR Units: Lot Size: .148
Sale Date: 08/18/2010 Sale Amt: $97,000.00

Address:  3309 EAGLE WAY   (0.44 mi) APN: 251-341-01-00
Beds/Baths: 3/2 Sqft: 1330 Built: 1990
Use Code: SFR Units: Lot Size: .1667
Sale Date: 08/13/2010 Sale Amt: $115,000.00

Address:  3301 DISCOVERY WAY   (0.53 mi) APN: 251-352-15-00
Beds/Baths: 3/2 Sqft: 1473 Built: 1990
Use Code: SFR Units: Lot Size: .1362
Sale Date: 08/11/2010 Sale Amt: $110,000.00

Address:  3525 SAN JACINTO AVE   (0.59 mi) APN: 472-212-05-00
Beds/Baths: 3/2 Sqft: 1368 Built: 1993
Use Code: SFR Units: Lot Size: .14
Sale Date: 09/07/2010 Sale Amt: $100,000.00


Address:

 2424 OAKGROVE ST   (0.95 mi)

APN:

472-262-10-00
Beds/Baths: 3/2 Sqft: 1509 Built: 1993
Use Code: SFR Units: Lot Size: .13
Sale Date: 09/21/2010 Sale Amt: $115,000.00


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