$18,000 · MOUNT VERNON, IL 62864
Works for flippers

Available

$18,000Asking price

3 bd · 1 ba · 1,136 sq ft · built 1900

MOUNT VERNON, IL 62864

No contract on file

via InvestorLift Classic

Listed Sep 15

Works for flippers

The Numbers

Sells for (ARV)From the listing: $109,000
Asking price: −$18,000
RepairsMiddle of the seller’s $60,000 – $75,000. Ours: $29,000 – $52,500: −$67,500
Loan, holding, closing20% down, 12% interest, 2 points, 87 days: −$4,510
Profit17.4% of ARV · flippers want 10%+: $18,990
Works

Works for a flipper up to $25,000.

HONEYBIRD HOMES

Brandon Bole

No reviews yet

Comps

ARV $109,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $52,000.

The sales behind this value are shown to members.

ARV $109,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HONEYBIRD HOMES

Brandon Bole

No reviews yet

Seller Description

FOR MORE INFO CALL OR TEXT Chris (623)286-2779

Asking Price: $18,000

Repairs: $66,000

ARV: $109,545

Property Details:

3 Bed/ 1 Bath/ SQFT: 1136

Built: 1900

Lot: .112 acres

Important Purchase Terms:

Cash or Hard Money or Non-Contingent Financing only

$1,000 Non-refundable Earnest Deposit at the title company of our choice (unless clear title cannot be conveyed, then the earnest deposit is refundable)

Buyer Pays Closing Costs

Agents/Wholesalers please add commission/fee on top of the purchase price.

Property is sold in as-is condition

No option period will be granted

Circumvention/tortious interference will NOT be tolerated and WILL end in legal actions + paying damages and the company's retained attorney fees.

*Please conduct your OWN Due Diligence Before Signing Contract*

Email: chris.meadors@honeybirdhomes.com