Investorlift

Hope Mills, NC

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Hope Mills, NC

$256,866 · FAYETTEVILLE, NC 28306
Tight for flippers · Landlords would lose money

Available

$256,866Asking price

3 bd · 2 ba · 1,427 sq ft · built 1996

FAYETTEVILLE, NC 28306

No contract on file

via InvestorLift Classic

1 view · listed Oct 22

Tight for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $300,000
Asking price: −$256,866
RepairsMiddle of our estimate, $0 – $10,000: −$5,000
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$25,005
Profit4.4% of ARV · flippers want 10%+: $13,129
Tight

Works for a flipper at $240,000 or less.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

Sales

Rents

ARV $300,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $225,000.

The sales behind this value are shown to members.

ARV $300,000

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: 5935 Bloomsbury Dr, Fayetteville, NC 28306

Bed/Bath: 3 Bed / 2 Bath

Square Footage: 1,495 sqft

Year Built: 1996

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 (5.45%): $14,000 + CC + TC

Purchase Price: $256,866

Subto Terms

Mortgage Balance: $242,866

Rate: 6%

PITI: $2,071.03

Monthly Payments:

PITI: $2,071.03

Total Monthly: $2,071.03

Exit Scenarios:

Est. Average LTR: $1,645

Est. Average STR: $2,242

Additional Details:

0.43-acre lot with an attached 1-car garage
Tenant occupied, on a month-to-month lease
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