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Real Estate Deal Analysis & Advice

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Monica Soyemi
Pro Member
  • Real Estate Agent
  • New York City, NY
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36
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[Calc Review] Help me analyze this deal

Monica Soyemi
Pro Member
  • Real Estate Agent
  • New York City, NY
Posted Dec 3 2021, 10:46

I have a great deal on my hands and deciding whether to assign the contract to another investor or raise private money to get the job done. Home is under contract for $540K, ARV $800K with rough $75K-$100K rehab depending on the experience of investors. The floors are in good condition and so are a lot of cabinets that can just be repainted. The issue is, I just don't have the capital to get the job done so I'm interested in wholesaling it. I'm a realtor in the area and know because of the school district each apartment would easily rent for $2200 with 3 apartments and a basement. What should I do? View report

*This link comes directly from our calculators, based on information input by the member who posted.