$55,000 · TRUTH OR CONSEQUENCES, NM 87901
Works for flippers

Available

$55,000Asking price

2 bd · 1 ba · 1,135 sq ft · built 1940

TRUTH OR CONSEQUENCES, NM 87901

No contract on file

via InvestorLift Classic

Listed Sep 30

Works for flippers

Sells for (ARV)From the listing: $150,000
Asking price: −$55,000
RepairsMiddle of the seller’s $60,000 – $70,000. Ours: $12,500 – $26,500: −$65,000
Loan, holding, closing20% down, 12% interest, 2 points, 86 days: −$8,274
Profit14.5% of ARV · flippers want 10%+: $21,726
Works

Works for a flipper up to $61,000.

INS INVESTMENT PROPERTIES

External - Casey

No reviews yet

ARV $150,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $150,000.

The sales behind this value are shown to members.

ARV $150,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

INS INVESTMENT PROPERTIES

External - Casey

No reviews yet

Beds: 2 Baths: 1 Living Area: 1,135 sqft + approximately 2,500 sqft added space (not registered) Occupancy: Vacant

Property Type: Single-Family / Rehab Project

Condition & Updates:

Kitchen: Down to studs; currently being remodeled
Roof: Approximately 1 year old
HVAC: No AC or heating system
Foundation: Good condition
Plumbing: No known issues; new plumbing
Electrical: No known issues; new electrical and breaker box
Overall: Vacant rehab project with significant added space and ongoing improvements

𝐂𝐀𝐋𝐋/𝐓𝐄𝐗𝐓: Casey (786)706-5643