$67,500 / 3br - 1500 SF - Flip House in Indian Head, Lola Dr.

[Tim Hall]

This house presented by Swell REI Inc. has been pre-habbed. 3/2 with possible 4th bedroom or office. 1500 SF. We have gutted the property and it's ready to be put back together.

Here's the numbers:

• ARV $149,900
• Repairs $40,000

Purchase price $67,500. Firm $5000 non-refundable deposit. Realtors put commission on top. $67,500 net to seller.