Updated almost 15 years ago on . Most recent reply
Please Analyze This Deal
Just went to see a house this morning that looks to be a great deal. Please give me your honest input, and investors would this deal be what you look for.
3 Bedroom, 1.5 Bath
1008 sq. ft., large fenced in corner lot
Master bedroom has the half-bath attached, and full bath is in the main hallway.
Large kitchen that flows into the dining room and decent sized living room.
Repairs:
Carpets need to be cleaned
Kitchen appliances (washer/dryer also)
Bathrooms might need updated fixtures
Home is freshly painted neutral beige througout and has updated light fixtures and fans.
List Price: $23,500
Offer: $19,999
ARV: $55,000
Rent: $600-700/month
Flip Price: $30,000 obo
What do you think?