Investorlift

$298,431 · CAPE CORAL, FL 33914
Flippers would lose money

Available

$298,431Asking price

3 bd · 2 ba · 1,210 sq ft · built 1999

CAPE CORAL, FL 33914

No contract on file

via InvestorLift Classic

Listed Oct 27

Flippers would lose money

The Numbers

Sells for (ARV)From the listing: $310,000
Asking price: −$298,431
RepairsMiddle of the seller’s $2,000 – $7,500. Ours: $13,000 – $27,000: −$4,750
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$27,894
Profit−6.8% of ARV · flippers want 10%+: −$21,075
Loses money

Works for a flipper at $249,000 or less.

NEXKEY COLLECTIVE

Ur Creative Solutions LLC - Raymond Velasquez

No reviews yet

Comps

ARV $310,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

Ur Creative Solutions LLC - Raymond Velasquez

No reviews yet

Seller Description

Location: Cape Coral, FL 33914

3 beds / 2 baths / 1,210 sqft

Built 1999

Entry: $25,000+ CC
Mortgage balance: $273,431
Rate: @6.25%
PITI: $3,099

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ARV $310,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $284,000.

The sales behind this value are shown to members.

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CAPE CORAL, FL 33914

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