Investorlift

$178,900 · GREENSBORO, NC 27405
Works for flippers · Landlords would lose money

Sold

$178,900Asking price

3 bd · 2.5 ba · 1,664 sq ft · built 2001

GREENSBORO, NC 27405

No contract on file

via InvestorLift Classic

Listed Oct 7

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $270,000
Asking price: −$178,900
RepairsMiddle of the seller’s $25,000 – $35,000. Ours: $19,500 – $41,000: −$30,000
Loan, holding, closing20% down, 12% interest, 2 points, 72 days: −$19,717
Profit15.3% of ARV · flippers want 10%+: $41,383
Works

Works for a flipper up to $192,000.

NEW SOUTH PROPERTY SOLUTIONS

Michael - Dispo

No reviews yet

Comps

Sales

Rents

ARV $270,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEW SOUTH PROPERTY SOLUTIONS

Michael - Dispo

No reviews yet

Seller Description

Must see 3Bed/2.5Bath home at Collinswood in Greensboro. This home was built in 2001. Cosmetic updates needed.
Property is being sold in "as is" condition. Cash sale only. Home is walk through ready.
Buyer responsible for seller closing costs less prorated taxes.
5k non refundable earnest money due to closing attorney within (24) hours of our signed contract.
For sale by owner.

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ARV $270,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $255,000.

The sales behind this value are shown to members.

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Investorlift
NC
Greensboro
27405
GREENSBORO, NC 27405

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