Updated over 5 years ago on . Most recent reply
do you think this is a good deal?
Beautiful semi-detached home
Features 3 bedrooms and 1 full bathroom. Needs complete renovation( entire gut) - great opportunity for investors or to create your dream home in a great location. Walking distance to Metro station, public transportation, and everyday amenities.
Asking price: $365,000
ARV: $599,000
After Repair Value (ARV): | 599,000 |
City Evaluation | 419,100 |
Cost of Property: | 365,000 |
Estimated Repair Cost: | 90,000 - 110,000 |
Cost contingency (8%): | 7,200 - 8,800 |
Total Gross Profit Margin | $115,200 - $136,800 |