LOOK NO FURTHER…
Fix & Flip Investor: This 4 Bed Brick Bungalow is Investor Friendly and truly a solid buy! This property will not need an overhaul renovation. Update your kitchen and baths, replace fixtures and add some sizzle, and you can turn this home into a Major Payday. Hardwood floors throughout, 3 year old water tank and furnace. Has great layout, with 3 beds on 1st level, 1 on 2nd level and potential for 5th bedroom. There is a dining room and full length basement. Home sits on a quiet block in nice area near shopping, schools, park, and blocks from Metra train station.
Fix & Flip: Total Expenses/Profit (Fix/Flip)
Buy & Hold Investor: This is a great investment, as you come into the property with a ton of equity! Move-In Ready with no repairs needed to begin turning this purchase into a Money Making Machine! Rental range: $1350-$1550/mo.
Buy & Hold: Total Expenses/Cash Flow (Buy/Hold)
The Numbers:
| ARV | $295,000 |
Comps: Recent Sales
| Contract Price | $140,000 |
| Assignment Fee | $5,000 |
| Rehab Costs | $55,000 |
| Closing/Holding Costs | $15,000 |
| All In | $215,000 |
| Resale Price | $280,000 |
| Profit | $65,000 |
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).