$425,000 · POWELL, TN 37849
Works for flippers

Available

$425,000Asking price

4 bd · 3 ba · 2,400 sq ft · built 2005

POWELL, TN 37849

Contract on file

via InvestorLift Classic

Listed Oct 28

Works for flippers

The Numbers

Sells for (ARV)From the listing: $650,000
Asking price: −$425,000
RepairsMiddle of the seller’s $30,000 – $50,000. Ours: $25,500 – $53,500: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$47,545
Profit21.1% of ARV · flippers want 10%+: $137,455
Works

Works for a flipper up to $492,000.

STOREHOUSE PRO, LLC

Justin Wright

No reviews yet

Comps

ARV $650,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $650,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

STOREHOUSE PRO, LLC

Justin Wright

No reviews yet

Seller Description

Property Details:

Hardwood floors, Carpet
HVAC/ Hot Water Heater are Newer (Package Unit HVAC)
Light Rehab- Master Bath Tile Shower Needs Gutted and Replaced Because of Moisture Issues
Pool in back has issues. Not sure of to what extent.
Deck in back needs some boards replaced

Call/Text Justin at 865-390-3089 with any questions

General Terms:

UNDERSTAND THE FOLLOWING

*We are assigning our equitable interest in this real property*

*All of the above-listed properties are contractually bound with non-circumvent clauses for duration of contract terms

*Do not try to enter any of the above properties without approval from Knoxville Home Guys*After agreement on property is reached do not enter subject property until after closing unless approved by Knoxville Home Guys*Do not contact seller/owner of subject property at anytime unless granted approval from Knoxville Home Guys

----Failure to adhere to the above terms can and/or will result in possible legal action as well as removal from consideration for conducting any future business with Knoxville Home Guys--------

*$5000 non-refundable deposit**Buyers pay both sides of closing**Information deemed reliable, not guaranteed. Buyers/Buyers agent responsible to confirm information**Agents, please add your fees on top of the purchase price**Properties are purchased as-is, any personal property left behind is included in the sale*Please note unless it is a property we own, this is a purchase of an assignable contract