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John Horner
Pro Member
  • Flipper/Rehabber
  • Columbus, OH
654
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1,158
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Fix and flip opportunity in Columbus, Ohio

John Horner
Pro Member
  • Flipper/Rehabber
  • Columbus, OH
Posted Mar 4 2014, 17:54

5350 Hedgewood Rd Columbus, OH 43229 - 4 bed/2 bath, 1588 sf

Wholesale fix and flip in Northeast Columbus Ohio.

The numbers:

ARV: $120k

Rehab: $22.5k

Rent Rate: $1100

Purchase Price: $63,000

  • 4 level split
  • 2 fireplaces
  • 4 bedrooms
  • New roof and hot water heater in 2009

The house needs a lot of cosmetic work but our contractor came in just under $20k for full rehab including granite countertops and tile floors.

Here are 3 comps within a quarter-mile:

SOLD - 1241 Vinewood Dr Columbus, OH 43229 - $125k on 10/15/13

SOLD - 1703 Blue Ash Pl Columbus, OH 43229 - $125k on 11/25/13

SOLD - 5409 Maple Canyon Ave Columbus, OH 43229 - $125k on 12/31/13

We are accepting cash offers only.

Message, email or call me for more details!