$79,000 · JACKSON, TN 38301
Works for flippers

Available

$79,000Asking price

4 bd · 2 ba · 2,000 sq ft · built 1967

JACKSON, TN 38301

No contract on file

via InvestorLift Classic

Listed Oct 15

Works for flippers

The Numbers

Sells for (ARV)From the listing: $235,000
Asking price: −$79,000
RepairsMiddle of the seller’s $60,000 – $70,000. Ours: $93,500 – $156,000: −$65,000
Loan, holding, closing20% down, 12% interest, 2 points, 86 days: −$12,471
Profit33.4% of ARV · flippers want 10%+: $78,529
Works

Works for a flipper up to $130,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Alex Ruelas

No reviews yet

Comps

ARV $235,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $198,000.

The sales behind this value are shown to members.

ARV $235,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Alex Ruelas

No reviews yet

Seller Description

Address: Jackson, TN 38301

Cash Price: 79K + Closing Costs

ARV: 235K (Buyer does own due diligence)

4 Bed | 2 Bath | 2,000 SqFt | 1967 Build

Lot Size: 47,916 SqFt - 1.1 Acres

Avg Rent: $1,636 - $2,047

NOTE: New breaker box installed in 2000 when addition was built

Roof replaced around 2011.

Addition: built in 2000, Foundation, plumbing and electrical for each part installed then. Addition was permitted and inspected by the city during construction.

Rehab: Cosmetic Updates

PICS: https://drive.google.com/drive/folders/1wGgpWZvRE_QPY_RC59glByUERHAAdKrV?usp=sharing

COMPS:

8 LAKE AVE | 3/2 1,487 SqFt | 0.5 Acres | 1976 Build | Sold - $255K

511 CHESTER LEVEE | 4/2 1,770 SqFt | 1.0 Acres | 1948 Build | Sold - $226.6K

105 DIXIE LN | 3/2 2,085 SqFt | 0.39 Acres | 1962 Build | $259.7K

18 LAKE AVE | 4/2 1,704 SqFt | 0.36 Acres | 1977 Build | $264.9K

527 CHESTER LEVEE RD | 3/2 2,041 SqFt | 1.20 Acres | 1950 Build | $252.9K

381 CHESTER LEVEE RD | 3/2 1,798 SqFt | 0.47 Acres | 1956 Build | $225K