Fix $ Flip Investor:
This 3 bedroom 1.5 bathroom is a solid brick home on a quiet block! Update your kitchen and bathrooms and add your finishing touches to make a huge profit. This is the flip investors are looking for…Minimum repairs and a huge payout (See below for Fix & Flip Breakdown).
Purchase Assumption Breakdown: Total Expenses (Fix/Flip)
Buy $ Hold Investor:
If you are looking for an income producing property, look no further! This home is rented at $1350/mo. and can generate a nice monthly cash flow. Tons of equity with excellent Refi and cash out potential. Currently has tenant in place on month to month lease. Don’t allow this Cash Flowing property to slip by!! (See below for Buy & Hold Breakdown)
Purchase Assumption Breakdown: Total Expenses (Hold)
The Numbers:
| ARV | $255,000 |
| Comparable Sales: | Recent Sales |
| Contract Price | $110,000 |
| Assignment Fee | $5,000 |
| Rehab Costs | $55,000 |
| Closing/Holding Costs | $20,000 |
| All In | $190,000 |
| Resale Price | $240,000 |
| Profit | $50,000 |
Details of the house in description according to the homeowner and public information (please do your own due diligence).
Please contact Dave Smith at (708) 929-1956 or reply to davesmith@theequitablesolution.com
with any questions or for inspection details.