$139,990 · MIAMI, FL 33157
Works for flippers · Landlords would lose money

Sold

$139,990Asking price

1 bd · 1.5 ba · 980 sq ft · built 1970

MIAMI, FL 33157

Contract on file

via InvestorLift Classic

Listed Oct 19

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $225,000
Asking price: −$139,990
RepairsMiddle of the seller’s $5,000 – $25,000. Ours: $10,500 – $22,000: −$15,000
Loan, holding, closing20% down, 12% interest, 2 points, 66 days: −$15,620
Profit24.2% of ARV · flippers want 10%+: $54,390
Works

Works for a flipper up to $169,000.

PEAK RE GROUP

Francesco

No reviews yet

Comps

Sales

Rents

ARV $225,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $386,000.

The sales behind this value are shown to members.

ARV $225,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PEAK RE GROUP

Francesco

No reviews yet

Seller Description

• 1 Bed / 1.5 Bath

• 980 Sq Ft

• ARV: 225,000

• Occupied- Vacant at Closing

• Built: 1970

• Construction: Block

• Market Rent: $1,800

Rehab / Notes

55+ Community Green Hills Park West HOA $475/Monthly

HOA Responsible for Roof

HVAC 23 Years old

Discover the potential of this Miami home, featuring a spacious living room, a dedicated dining area, a functional kitchen with ample cabinetry, and a generously sized bedroom. With 1.5 bathrooms, a separate laundry area, and a practical layout, this property offers a comfortable living space with room to make it your own. Conveniently located in the Miami area, this is an excellent opportunity for buyers looking to own a home in South Florida. Don't miss the chance to make this property yours!

Comps

11257 SW 172nd St # I -1642D - 1/.5 - 980 sq ft sold for 225k

11223 SW 170th Ter # V4132 - 1/1.5 - 960 sq ft sold for 180k Fully outdated