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$79,900 · MESA, AZ 85213
Flippers would lose money · Landlords would lose money

Available

$79,900Asking price

2 bd · 2 ba · 1,312 sq ft · built 1979

MESA, AZ 85213

No contract on file

via InvestorLift Classic

Listed Oct 8

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $85,000
Asking price: −$79,900
RepairsMiddle of our estimate, $0 – $10,500: −$5,250
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$7,528
Profit−9.0% of ARV · flippers want 10%+: −$7,678
Loses money

Works for a flipper at $64,000 or less.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

Sales

Rents

ARV $85,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $361,000.

The sales behind this value are shown to members.

ARV $85,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Seller Description

Property Details:

Address: 2434 E Main St, Lot 3, Mesa, AZ 85213

Bed/Bath: 2 Bed / 2 Bath

Square Footage: 1056 sqft

Year Built: 1979

HOA Restrictions: No HOA

Multi-Unit: No

Features + Amenities:

Furnished: No

Pool: No

Tenant Occupied: N/A

Monthly Rent: N/A

Est. Repairs:N/A

Financing Details:

Entry Fee (18.07%): $15,000 + CC + TC

Purchase Price: $83,000

Seller Finance Terms

Seller Finance Amount: $68,000

Monthly Payment: $883

Rate: 0%

Balloon: 5 years

Monthly Payments:

PITI: $0.00

Seller Finance: $883.00

HOA: $850.00

Other: $0.00

Est. Taxes: $0.00

Est. Insurance: $0.00

Total Monthly: $1,733.00

Exit Scenarios:

Est. Average LTR: $1,450

Est. Average STR: $2,083

Additional Details:

55+ Community
Lot fee is $850/month which includes water
CONTACT:
For additional property details, walkthrough instructions, or to submit an offer, please contact:
Mike Graham
NexKey Collective
Phone: (917) 746-5159
BUYERS, PLEASE CONDUCT YOUR DUE DILLIGENCE