Updated about 9 years ago on . Most recent reply
Fix and Flip in North Carolina!
Instant Equity! Light Rehab Opportunity!
726 S College St. Henderson, NC 27536
Bedrooms: 4
Baths: 2
Occupancy: vacant
Sq Footage: 2782
Year Built: 1950
Acres: 0.39
Water: public
Sewer: public
Located in Henderson, NC this single family house is ready for a face lift. The property needs some exterior and interior updating. Good bones. See pictures for more details.
Pictures: http://raleigh.craigslist.org/reo/5720003504.html
Repairs/Updates needed: paint, carpet, interior cosmetic updating, siding repair, yard clean up, etc
Contact me to view my house at (215) 315-3839
If you are a real estate investor looking to buy, fix, and re-sell this property then below is some analysis:
Purchase Price: $ 24,000
Total Estimated Repairs: $ 35,000
Reinstatement Costs: $0
Transfer Tax: $ 48
Closing Costs: $ 480
Buyer's initial investment: $ 59,528
After Repaired Value: $ 110,000
Buyer's initial investment: $59,528
Selling Costs: $ 6,600
Transfer Tax: $ 220
Closing Costs: $ 2,200
Your Anticipated Gross Profit: $41,452
*Overhead and Holding Costs NOT included since varies per investor
Comparable Sales
1009 County Home Rd $112,000 3/2 1805sqft | 262 Gholson Ave 4/3 4185sqft $149,000
Call me for Access:
215-315-3839
for my other deals visit: www.HouseDealsAmerica.com