$525,000 · PASO ROBLES, CA 93446
Works for flippers · Landlords would lose money

Available

$525,000Asking price

3 bd · 2 ba · 1,364 sq ft · built 1990

PASO ROBLES, CA 93446

Contract on file

via InvestorLift Classic

7 views · listed Oct 6

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $779,000
Asking price: −$525,000
RepairsMiddle of the seller’s $60,000 – $90,000. Ours: $59,000 – $98,500: −$75,000
Loan, holding, closing20% down, 12% interest, 2 points, 90 days: −$59,947
Profit15.3% of ARV · flippers want 10%+: $119,053
Works

Works for a flipper up to $563,000.

SLO CASH BUYER

Ben Romero

No reviews yet

Comps

Sales

Rents

ARV $779,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $771,000.

The sales behind this value are shown to members.

ARV $779,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SLO CASH BUYER

Ben Romero

No reviews yet

Seller Description

1-acre lot, just 10 minutes away from down town of Paso Robles. Featuring high upside potential and fast-moving comps, this property offers an ideal quick-turnaround project for cash buyers or rehab investors.

Key Deal Metrics: Buy it now $525,000

After Repair Value (ARV): $779,000Estimated Rehab Budget: $75,000

Gross Spread: $179,000

Property Details:3 Bedrooms / 2 Bathrooms:

Square Footage: 1,364 sq. ft.

Lot Size: 1 Acre (Level lot with horse-property potential)

Year Built: 1990

Includes attached 2-car garage

Covered patio/deck, fenced yard, RV parking access, detached shed, well, and septic system.