Bergen County, NJ -- Amazing Flip -- $58,625 Potential Profit!

[Ryan H.]

Bergen County, NJ -- Amazing Flip Deal -- $58,625 Potential Profit

3bd/2ba, 1500sqft, Large Property

Buy: 325K

Rehab: 80K

ARV: 500K

--Details of Flip--

$325,000   Buy

$80,000     Rehab

$6,800       Carry

$411,800   Total Cost

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$500,000   Sell

($25,000)   Realtor Fees

($4,9575)   Closing Costs

$470,425   Total Sale Proceeds

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$58,625     Total Profit

14.24%      Return on Investment

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NOTE 1: Seller makes no guaranties about the estimated rehab costs or ARV. Buyer should not rely on seller's estimates. Buyer is responsible for conducting their own due diligence and forming their own conclusions as to estimated rehab costs and ARV.

NOTE 2: No realtors please.  Seller does not need assistance selling the property.  Seller is seeking to sell directly to another flipper/rehabber.

NOTE 3: Seller will schedule showings of the property only with document proof of funds.