$85,000 · ELKHART, IN 46516
Works for flippers · Works for landlords

Available

$85,000Asking price

3 bd · 2.5 ba · 1,556 sq ft · built 1900

ELKHART, IN 46516

No contract on file

via InvestorLift Classic

3 views · listed Oct 13

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $230,000
Asking price: −$85,000
RepairsMiddle of the seller’s $10,000 – $15,000. Ours: $20,000 – $42,000: −$12,500
Loan, holding, closing20% down, 12% interest, 2 points, 65 days: −$12,263
Profit52.3% of ARV · flippers want 10%+: $120,237
Works

Works for a flipper up to $176,000.

BUYMYPROPS.COM

Solomon

No reviews yet

Comps

Sales

Rents

ARV $230,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $222,000.

The sales behind this value are shown to members.

ARV $230,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

BUYMYPROPS.COM

Solomon

No reviews yet

Seller Description

2-story home with colonial-style front porch

Hardwood floors on main level

Stainless steel kitchen appliances

Upstairs loft with additional living space potential

Partially finished basement with flexible-use potential

Public sewer

Central A/C present but nonfunctional; replacement needed

Roof replacement needed; 5 windows need replacement

Detached garage damaged by fire and requires demolition; located away from the house, with no reported damage to the home

Great opportunity for investors or rehabbers looking to add value through targeted improvements. Bring your contractor and explore the possibilities!call solomon for access470 704 9127