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$40,000 · MINDEN, IA 51553
Works for flippers

Available

$40,000Asking price

4 bd · 1 ba · 1,100 sq ft · built 1900

MINDEN, IA 51553

No contract on file

via InvestorLift Classic

Listed Oct 7

Works for flippers

The Numbers

Sells for (ARV)From the listing: $150,000
Asking price: −$40,000
RepairsMiddle of the seller’s $60,000 – $75,000. Ours: $50,000 – $83,000: −$67,500
Loan, holding, closing20% down, 12% interest, 2 points, 87 days: −$7,255
Profit23.5% of ARV · flippers want 10%+: $35,245
Works

Works for a flipper up to $58,000.

LXC GROUP LLC

Carter West

No reviews yet

Comps

ARV $150,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $128,000.

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.

LXC GROUP LLC

Carter West

No reviews yet

Seller Description

PROPERTY OVERVIEW

Vacant house that needs a full remodel in Minden Iowa.

DEAL BREAKDOWN

ARV: $180,000

Rehab: $75,000

FLIP All-in: $115k

Gross Spread: $65k

PROPERTY CONDITION (AS-IS)

This is a full remodel interior and exterior
Large 2 Car Detached Garage in good shape
Property is vacant and ready for renovation

IMPORTANT NOTES

The property is being sold AS-IS
Buyers pay all closing costs
First come, first served
Cash or hard money preferred
BIN takes priority and cancels remaining showings

SCHEDULE SHOWING TODAY!!!

Contact:

Carter West

Contact: 531-233-5117

Email: carter@tdhomesales.com

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

Investorlift
IA
Minden
51553
MINDEN, IA 51553

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