Single Fam | Best a Fix & Flip | Erie Pennsylvania| $40,000 |3bed
2213 Willow St Erie, PA 16510
Price $40,000
Bedrooms: 3
Baths: 1
Sq Footage: 1,302
Year Built: 1918
Acres: 0.1
Heating: Gas, forced air
Water / sewer: public
This single family house is ready for a face lift. Good bones. See pictures for more details.
Updates needed: paint, flooring, upgrades to kitchen and bath, some exterior updates
Pictures: https://erie.craigslist.org/reo/d/needs-tlc-great-...
Call me to visit 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: $ 40,000
Total Estimated Repairs: $ 33,000
Transfer Tax: $ 400
Closing Costs: $ 800
Buyer's initial investment: $ 74,200
After Repaired Value: $ 115,000
Buyer's initial investment: $ 74,200
Selling Costs: $ 5,750
Transfer Tax: $ 1,150
Closing Costs: $ 2,300
Your Anticipated Gross Profit: $31,600
*Overhead and Holding Costs NOT included since varies per investor
Call me to visit my house: 215-315-3839
For my other houses for sale or to join my buyer's list visit http://www.housedealsamerica.com/house-deals.html