$86,500 · NORFOLK, VA 23504
Works for flippers · Works for landlords

Pending

$86,500Asking price

2 bd · 1 ba · 662 sq ft · built 1920

NORFOLK, VA 23504

No contract on file

via InvestorLift Classic

Listed Oct 26

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $220,000
Asking price: −$86,500
RepairsMiddle of the seller’s $35,000 – $40,000. Ours: $32,500 – $54,500: −$37,500
Loan, holding, closing20% down, 12% interest, 2 points, 75 days: −$12,285
Profit38.1% of ARV · flippers want 10%+: $83,715
Works

Works for a flipper up to $144,000.

LEGACY PROPERTY SOLUTIONS

Sarah North

No reviews yet

Comps

Sales

Rents

ARV $220,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $84,000.

The sales behind this value are shown to members.

ARV $220,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

LEGACY PROPERTY SOLUTIONS

Sarah North

No reviews yet

Seller Description

DISPO DEAL – NORFOLK, VA

Asking Price: $90,000

ARV: $220,000

Property Details:

2 Beds | 1 Bath

662 Sq Ft

Built in 1920

Includes the house PLUS an adjacent lot!

Investor Opportunity! Potential upside with a single-family property and an additional lot in Norfolk. Great opportunity for investors looking to renovate, add value, or explore the potential of the adjacent parcel.

Photos & Property Details: https://drive.google.com/drive/folders/1dQjiNmewt38InSrQzjlM6yQYZcVKhWqt?usp=sharing

𝑭𝒐𝒓 𝑽𝒊𝒆𝒘𝒊𝒏𝒈, 𝑶𝒇𝒇𝒆𝒓𝒔, 𝒂𝒏𝒅 𝑰𝒏𝒒𝒖𝒊𝒓𝒊𝒆𝒔:

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐃𝐢𝐬𝐩𝐨 𝐌𝐧𝐠𝐫 @ 𝐒𝐚𝐫𝐚𝐡 𝐍𝐨𝐫𝐭𝐡 𝐚𝐭 𝟖𝟎𝟒-𝟓𝟏𝟖-𝟗𝟕𝟒𝟗

^^^^𝘾𝘼𝙎𝙃/𝙃𝘼𝙍𝘿 𝙈𝙊𝙉𝙀𝙔 𝙊𝙉𝙇𝙔

^^^^𝙋𝙧𝙞𝙤𝙧𝙞𝙩𝙮 𝙂𝙞𝙫𝙚𝙣 𝙩𝙤 𝙎𝙞𝙜𝙝𝙩-𝙐𝙣𝙨𝙚𝙚𝙣 𝙊𝙛𝙛𝙚𝙧𝙨 𝙬𝙞𝙩𝙝 𝙉𝙤 𝘿𝙪𝙚 𝘿𝙞𝙡𝙞𝙜𝙚𝙣𝙘𝙚.

^^^^𝘽𝙐𝙔𝙀𝙍 𝙋𝘼𝙔𝙎 𝘼𝙇𝙇 𝘾𝙇𝙊𝙎𝙄𝙉𝙂 𝘾𝙊𝙎𝙏𝙎!

^^^^𝘿𝙚𝙖𝙡 𝙁𝙞𝙣𝙖𝙡𝙞𝙯𝙚𝙙 𝙐𝙥𝙤𝙣 𝙍𝙚𝙘𝙚𝙞𝙥𝙩 𝙤𝙛 𝙀𝙖𝙧𝙣𝙚𝙨𝙩 𝙈𝙤𝙣𝙚𝙮 𝘿𝙚𝙥𝙤𝙨𝙞𝙩 (𝙀𝙈𝘿).