$390,000 · JACKSON, TN 38305
Works for flippers

Available

$390,000Asking price

6 bd · 4.5 ba · 4,310 sq ft · built 1995

JACKSON, TN 38305

No contract on file

via InvestorLift Classic

1 view · listed Oct 22

Works for flippers

The Numbers

Sells for (ARV)From the listing: $700,000
Asking price: −$390,000
RepairsMiddle of the seller’s $100,000 – $130,000. Ours: $47,000 – $97,500: −$115,000
Loan, holding, closing20% down, 12% interest, 2 points, 106 days: −$49,813
Profit20.7% of ARV · flippers want 10%+: $145,187
Works

Works for a flipper up to $460,000.

NO ACCENT CALLERS

Daniel Kaplan

No reviews yet

Comps

ARV $700,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $501,000.

The sales behind this value are shown to members.

ARV $700,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NO ACCENT CALLERS

Daniel Kaplan

No reviews yet

Seller Description

Purchase Overview

Asking Price: 390,000

Rehab Budget: 130,000

Total Investment: 520,000

ARV: 700,000

Potential Gross Spread: 180,000

Property Details / Condition

6 Bds I 4.5 Baths I 4,310 Sqft

Location: Jackson, TN 38305

Estimated Rehab: 130,000

Property Type: Fix & Flip Opportunity

Comparable Sales (Comps)

Estimated ARV: 700,000

Comp 1: 60 Greendale Dr, Jackson, TN 3830

Comp 2: 11 Stonehenge Dr, Jackson, TN 38305

Market Overview

Located in Jackson, Tennessee

Spacious 6-bedroom layout offers flexibility for a variety of buyer needs

4,310 sqft of living space provides room for a range of renovation and resale strategies

Estimated 180,000 gross spread between total purchase and rehab costs and projected ARV, before closing costs, holding costs, financing, and selling expenses

Call Tim Yee Today At 602-507-0107.