Investorlift

$154,900 · SPRING, TX 77379
Works for flippers · Low return for landlords

Available

$154,900Asking price

3 bd · 3 ba · 1,863 sq ft · built 1978

SPRING, TX 77379

Contract on file

via InvestorLift Classic

Listed Sep 12

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $300,000
Asking price: −$154,900
RepairsMiddle of the seller’s $30,000 – $40,000. Ours: $21,000 – $44,000: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$19,140
Profit30.3% of ARV · flippers want 10%+: $90,960
Works

Works for a flipper up to $212,000.

WHOLESALE PROPERTIES HOUSTON

Fred Paskell

No reviews yet

Comps

Sales

Rents

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

WHOLESALE PROPERTIES HOUSTON

Fred Paskell

No reviews yet

Seller Description

Nearly $150,000 in Gross Profit Potential

Partially Remodeled
Large, Mature Trees
Beautiful Pool
Roof Age: Unknown (Visually Inspected For Leaks & Gaps - Acceptable Condition)
HVAC Age: 2015 (Tested with Generator & Functional)
Hot Water Heater Age: 2017 (Tested with Generator & Functional)
Plumbing: Tested & Functional (Held Pressure)
Electrical: Tested with Generator & Functional
Sewer: Functional (Visual Inspection)
Note: All Inspections Completed By a HUD-Approved Inspector

Estimated After-Repair Value (ARV): $280,000 to $300,000+ (SEE COMPS)

Estimated Rental Rate: $1750 - $1800/ mo

On This Deal:

Cash or Hard Money Only
First Come, First Serve.

More About This Property

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Nearby Markets12 cities · 8 counties · 12 ZIP codes

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ARV $300,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $281,000.

The sales behind this value are shown to members.

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Investorlift
TX
Spring
77379
SPRING, TX 77379

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