$9,900 · MILWAUKEE, WI 53212
These numbers look wrong

Available

$9,900Asking price

4 bd · 1.5 ba · 1,419 sq ft · built 1890

MILWAUKEE, WI 53212

Contract on file

via InvestorLift Classic

8 views · 1 saved · listed Sep 28

These numbers look wrong

No verdict until the price, the value and the repairs add up

The Numbers

Listed priceFar under the value. It may be an entry fee, not the price.: $9,900
Listed ARVFrom the listing: $200,000
Our repair estimateFor this home’s size, ZIP and condition: $0 – $14,000

No profit or return is shown until these add up.

GO CASH LLC

Dean Albo

No reviews yet

Comps

Sales

Rents

ARV $200,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $148,000.

The sales behind this value are shown to members.

ARV $200,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

GO CASH LLC

Dean Albo

No reviews yet

Seller Description

A great Sub-2 Investment Opportunity!Single family home with 4 bedrooms 1.5 bathrooms, a full basement, and 2 cars detached garage.

All of the systems have been updated!

Approx existing balance $152,400

5.875% fixed interest rate

Monthly PITI: $1,437

Additional $8,000 balloon obligation due in approximately 5 years

Investment Structure

The investor entry fee is $9,900, with the existing debt and future balloon obligation remaining part of the overall investment structure and due in 5 years at this time or before the buyer will sell/refinance and pay the remaining balance.