$390,000 · SPANAWAY, WA 98387
Works for flippers · Landlords would lose money

Available

$390,000Asking price

5 bd · 2.5 ba · 2,138 sq ft · built 1993

SPANAWAY, WA 98387

No contract on file

via InvestorLift Classic

6 views · listed Oct 22

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $530,000
Asking price: −$390,000
RepairsMiddle of our estimate, $24,500 – $51,000: −$37,750
Loan, holding, closing20% down, 12% interest, 2 points, 75 days: −$41,533
Profit11.5% of ARV · flippers want 10%+: $60,717
Works

Works for a flipper up to $397,000.

SELL2RENT CORPORATION

Ivan Garcia

No reviews yet

Comps

Sales

Rents

ARV $530,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $522,000.

The sales behind this value are shown to members.

ARV $530,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SELL2RENT CORPORATION

Ivan Garcia

No reviews yet

Seller Description

Asking Price: $390,000

Highlights:

Gross Yield: 10.62%
Market Value Discount: -22.77%
Monthly Rent: $3,450
Pre Paid Rent: 6 months
Total Seller Prepaid Rents: $24,150
Title precheck done!
Light inspection done! Request the report.
Desired lease period: 24 months

Property Details:

Single Family Home
5 Beds / 2.5 Baths
SF: 2138
Year built: 1993
Occupancy: Sell and Stay
Air Conditioning Type: Central
AC age: 10 years
Heating System Type: Central
Roof age: 10 years
Garage
Carport
HOA: Yes

Pre-approved Financing Available - Ask How!!

For additional details about this property contact: Iván García i.garcia@sell2rent.com

This is a direct deal - no daisy chains.

𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥:

𝗗𝗢 𝗡𝗢𝗧 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗢𝗪𝗡𝗘𝗥/𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗧𝗛𝗢𝗨𝗧 𝗢𝗨𝗥 𝗘𝗫𝗣𝗟𝗜𝗖𝗜𝗧 𝗖𝗢𝗡𝗦𝗘𝗡𝗧. 𝗔𝗡𝗬 𝗔𝗧𝗧𝗘𝗠𝗣𝗧𝗦 𝗧𝗢 𝗥𝗘𝗡𝗘𝗚𝗢𝗧𝗜𝗔𝗧𝗘 𝗢𝗥 𝗖𝗢𝗡𝗧𝗔𝗖𝗧 𝗧𝗛𝗘 𝗦𝗘𝗟𝗟𝗘𝗥 𝗪𝗜𝗟𝗟 𝗥𝗘𝗦𝗨𝗟𝗧 𝗜𝗡 𝗟𝗘𝗚𝗔𝗟 𝗔𝗖𝗧𝗜𝗢𝗡. WHEN YOU REGISTER, YOU ARE ACCEPTING OUR PRIVACY POLICY, DISCLAIMERS AND TERMS & CONDITIONS