SFH Fix and Flip available in West Allis/Milwaukee, WI

[Mark Shaffar]

Fix N Flip I added some more info thanks to the feedback from the BP forum. Thanks friends!

Location: West Allis, highly desirable part of Milwaukee.

Closing Date: April 13th

2907 S 93rd Milwaukee, WI http://www.trulia.com/homes/Wisconsin/West_Allis/sold/757196-2907-S-93rd-St-West-Allis-WI-53227#photo-10

Price: $74,000 (Includes Sourcing/Management Fee + Purchase Price)

Rehab: $40,000 (higher end rehab in keeping with neighborhood expectations)

Front end Closing Costs: $2,000 (estimating high, likely will be less)

Carrying Costs: $2,000 (estimating high, likely will be less)

Referral Fee: $3,000 (My fee)

Total: $121,000 (Investor's All-in)

AfterRepairValue: $149,900 (estimated conservative sales price based on comps)

$149,900 Sales Price

-$14,900 Selling Costs (Realtors/Buyer's Closing Costs)

-$122,000 All In

$14,000 Net (investor's profit)

Comps: Click to view listing(s)