$34,700 · DAYTON, OH 45403
Works for flippers · Works for landlords

Available

$34,700Asking price

3 bd · 2 ba · 1,020 sq ft · built 1893

DAYTON, OH 45403

No contract on file

Price Drop

via InvestorLift Classic

1 view · listed Oct 27

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $160,000
Asking price: −$34,700
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $28,500 – $51,000: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$7,126
Profit42.6% of ARV · flippers want 10%+: $68,174
Works

Works for a flipper up to $83,000.

AMERICA HOME SOLUTIONS

Rafael Cortez

No reviews yet

Comps

Sales

Rents

ARV $160,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $44,000.

The sales behind this value are shown to members.

ARV $160,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

AMERICA HOME SOLUTIONS

Rafael Cortez

No reviews yet

Seller Description

PURCHASE PRICE:

$34,700

Net to Seller

ARV 160K + Depending on Scope of Work

PROPERTY TYPE: Single Family Residential
ROOMS: 3 BD / 2 BA (1 full)
SQFT: 1,020
LOT: 2,178 · 0.05 Acres
YEAR BUILT: 1893
PARCEL: Montgomery County R72 01309 0082
TERMS: Assignment of Contract · Cash or Hard Money · 5K non refundable EMD · 10 Day CO
CALL FOR ACCESS: Vacant, lockbox available, schedule a day and time

DETAILS:

One story bungalow built in 1893 with a partial basement, vacant. This is a true heavy rehab. The interior is gutted with ceilings opened to the joists, temporary posts shoring the ceiling framing (plan on structural work and permanent supports), worn and damaged flooring, and a dated kitchen. Several windows and a door are boarded, and the front and side siding is weathered and needs replacement or repair; the rear has vinyl siding. Budget for structural, framing, drywall, flooring, kitchen, baths, windows, siding, and full mechanical review (electrical, plumbing, HVAC). Renovated sales nearby run 160k+, so there is room for a flipper doing a full renovation, or for a buy and hold landlord (estimated market rent around 831 a month as is; a finished 3 bed should rent higher, buyer to verify). Buyer to perform own due diligence.

Disclaimer: Offered as an assignment of the contract (equitable interest). Buyer to verify all information including square footage, lot size, room count, zoning, structural condition, permitting, utility connections, mechanical systems, rental regulations, and property condition prior to closing.

CALL or TEXT FOR MORE INFO

(623) 283 2623

COMPARABLE SALES: