Investorlift

$29,900 · DETROIT, MI 48227
Works for flippers · Works for landlords

Available

$29,900Asking price

3 bd · 1 ba · 1,854 sq ft · built 1936

DETROIT, MI 48227

No contract on file

via InvestorLift Classic

2 views · listed Oct 29

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $115,000
Asking price: −$29,900
RepairsMiddle of the seller’s $30,000 – $50,000. Ours: $57,500 – $103,500: −$40,000
Loan, holding, closing20% down, 12% interest, 2 points, 76 days: −$5,423
Profit34.5% of ARV · flippers want 10%+: $39,677
Works

Works for a flipper up to $56,000.

JP CAPITAL INVESTMENTS

Kevin Brooks

No reviews yet

Comps

Sales

Rents

ARV $115,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

JP CAPITAL INVESTMENTS

Kevin Brooks

No reviews yet

Seller Description

Detroit 48227

Starting at 29,900

Single-Family
3 beds
1 bath
Full basement
No garage

Interested?

Reach out to Kevin Brooks at kevin@brookspropertysolutions.com.

Or simply call or SMS 313-631-5474.

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ARV $115,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $49,000.

The sales behind this value are shown to members.

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Investorlift
MI
Detroit
48227
DETROIT, MI 48227

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