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Updated almost 9 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Chris Nelson
  • Property Manager
  • La Verkin, UT
1
Votes |
10
Posts

St George UT Home CASH OFFER Needed with potential of $30K

Chris Nelson
  • Property Manager
  • La Verkin, UT
Posted

This would be a good home for your parents (or you) as a fix and flip. It is in a great location of St

George with the following information:

the home has been "gutted" and can be basically redone. Repairs are estimated to be about $30,000 (including labor, which if you did some, it would be less), then have an After Repair Value (ARV) of around $195k - $200k. Your price would be $138,500, (including a little for our assignment of the contract). After repairs, estimated around $30k (could be less, if you did some of the repairs, since this includes labor), this leaves you with equity of $30,000 to $35,000)

  • Chris Nelson
  • Offering

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