Investorlift

$59,900 · REIDSVILLE, NC 27320
Works for flippers

Available

$59,900Asking price

2 bd · 1 ba · 840 sq ft · built 1948

REIDSVILLE, NC 27320

No contract on file

via InvestorLift Classic

1 view · listed Oct 20

Works for flippers

The Numbers

Sells for (ARV)From the listing: $120,000
Asking price: −$59,900
RepairsMiddle of the seller’s $15,000 – $25,000. Ours: $10,500 – $22,000: −$20,000
Loan, holding, closing20% down, 12% interest, 2 points, 68 days: −$7,427
Profit27.2% of ARV · flippers want 10%+: $32,673
Works

Works for a flipper up to $79,000.

NEW SOUTH PROPERTY SOLUTIONS

Michael - Dispo

No reviews yet

Comps

ARV $120,000

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

Excellent buy and hold or flip opportunity now available in Reidsville.
This 2Bed/1Bath home was a previous rental property and needs your updates for an end buyer or new tenant.
Property is being sold in "as is" condition. Cash sale only sale. For sale by owner.
Buyer responsible for seller closing costs less prorated taxes. Home is walkthrough ready!
5k non refundable earnest money to be delivered to our closing attorney within (24) hours of our signed contract.
Several homes in the area are currently being renovated.

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ARV $120,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $44,000.

The sales behind this value are shown to members.

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Investorlift
NC
Reidsville
27320
REIDSVILLE, NC 27320

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