$55,000 · GOLDSBORO, NC 27534
Works for flippers · Works for landlords

Pending

$55,000Asking price

3 bd · 2 ba · 1,248 sq ft · built 1986

GOLDSBORO, NC 27534

No contract on file

via InvestorLift Classic

Listed Sep 28

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $180,000
Asking price: −$55,000
RepairsMiddle of our estimate, $13,500 – $28,000: −$20,750
Loan, holding, closing20% down, 12% interest, 2 points, 68 days: −$8,914
Profit53.0% of ARV · flippers want 10%+: $95,336
Works

Works for a flipper up to $127,000.

PRIME PARTNER REALTY

Will Spilt

No reviews yet

Comps

Sales

Rents

ARV $180,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $180,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PRIME PARTNER REALTY

Will Spilt

No reviews yet

Seller Description

Manufactured home on 1 acre with a tenant currently paying $850/month under a lease through June 2027, providing immediate rental income. Roof and HVAC were replaced in 2024, windows were replaced in 2023, and the plumbing has been updated.

Investors can continue the existing lease for cash flow or at closing, provide notice and pursue a flip strategy with an estimated $180K ARV.

Note: Pitbull in tree not included.

Investment Breakdown:FLIP:ARV: $180,000-Purchase Price: $55,000-Rehab: $50,000All in: $105,000-Gross Profit $75,000

RENTAL: Purchase Price: $55,000-Rehab: $0-$850/mo Rent -$58/mo Tax & Inshurance-$792 Monthly Cash Flow x 12 = $9,504 Yr - Cash Flow$55,000 - Investment = 17% Cash on Cash Return

Occupancy:TENANT- OCCUPIED CURRENTLY - Close of Escrow:On or Before 12/02/2026 -Transaction Type:AS-IS PURCHASE - $5,000 EMD with Hankin & Pack

Big Ticket Items:ROOF— 2 years old - HVAC — 2 year old - UTILITIES — SEPTIC AND CITY - FOUNDATION — CRAWLSPACE