$72,500 · SPARTANBURG, SC 29301
Works for flippers · Works for landlords

Available

$72,500Asking price

2 bd · 1 ba · 1,063 sq ft · built 1915

SPARTANBURG, SC 29301

via InvestorLift Classic

3 views · listed Oct 26

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $115,000
Asking price: −$72,500
RepairsMiddle of the seller’s $2,500 – $10,000. Ours: $13,500 – $28,000: −$6,250
Loan, holding, closing20% down, 12% interest, 2 points, 63 days: −$7,986
Profit24.6% of ARV · flippers want 10%+: $28,264
Works

Works for a flipper up to $88,000.

D2 RESIDENTIAL CAPITAL PARTNERS, LLC

Ashley Bridges

No reviews yet

Comps

Sales

Rents

ARV $115,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $100,000.

The sales behind this value are shown to members.

ARV $115,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

D2 RESIDENTIAL CAPITAL PARTNERS, LLC

Ashley Bridges

No reviews yet

Seller Description

DIRECT SALE BY OWNER. NO ASSIGNMENT FEES

This 2 bedroom, 1 bath, house on a large lot is perfect for a fix and flip or to add to your rental portfolio.

Recent updates include new flooring, new windows, interior paint, new roof, plumbing and electrical updates, and improvements to the kitchen and bath. This house just needs some TLC and finishing touches and it is ready for a tenant or a 1st time homebuyer.