Pill Hill Brick SF With Tons Of Equity | ARV $255K-280K Pending

  • $105,000
  • 4 beds
  • 1.5 baths
  • 908 sqft

Fix & Flip: Can you say HUGE PAYDAY! This home sits on a quiet block in the desirable Avalon Park area. Home is in need of mostly cosmetic updates. Update your kitchen and bathrooms, replace fixtures and add your finishing touches to maximize profit. (See below for Fix & Flip Breakdown).

Fix & Flip Breakdown:                   Total Expenses (Fix/Flip) 

Buy & Hold: Cash flow is the name of the game! There are no repairs needed to rent to a tenant of your choice. Unit is section 8 approved. This home will generate a hefty passive income to your bottom line, and  you’ll be sitting on a boatload of equity. (See below for Buy & Hold Breakdown)

Buy & Hold Breakdown:                Total Expenses (Hold) 

The Numbers:

ARV $285,000
Contract Price $105,000
Assignment Fee $5,000
Rehab Costs $55,000
Closing/Holding Costs $20,000
All In $185,000
Resale Price $265,000
Profit  $80,000

Comps:                                               Comparable Sales

Please contact Dave Smith at (708) 929-1956 or reply to davesmith@theequitablesolution.com
with any questions or for inspection details.

Details of the house in description according to the homeowner and public information (please do your own due diligence).​

 

Price:
$105,000
Address:
9127 S Dante
Chicago, IL 60619
Square Feet:
908
Lot Size:
4687
Bedrooms:
4
Bathrooms:
1.5
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1954
Basement:
Full Finished

Call 708-929-1956 for more details

Property Location