$80,000 · LOCKHART, SC 29364
Works for flippers

Available

$80,000Asking price

2 bd · 1 ba · 1,120 sq ft · built 1950

LOCKHART, SC 29364

Contract on file

via InvestorLift Classic

Listed Nov 1

Works for flippers

The Numbers

Sells for (ARV)From the listing: $190,000
Asking price: −$80,000
RepairsMiddle of the seller’s $28,000 – $35,000. Ours: $29,500 – $53,000: −$31,500
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$10,916
Profit35.6% of ARV · flippers want 10%+: $67,584
Works

Works for a flipper up to $125,000.

VOLUNTEER HOME SOLUTION

Thomas Fernandez

No reviews yet

Comps

ARV $190,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $190,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

VOLUNTEER HOME SOLUTION

Thomas Fernandez

No reviews yet

Seller Description

FIXER UPPER , Wholesale deal looking for a cashbuyer / Investor.Property Details:- S 3rd St, Lockhart, SC 29364- 2 bedrooms / 1 bathroom- 1,120 sq. ft. on a 0.28-acre lot

The Numbers:- Asking Price: $80,000- Estimated Repairs: $30,000 - $35,000- Estimated ARV: $180,000 - $215,000- Indicative Spread (ARV - Ask - Rehab): ~$65,000 - $105,000

ARV is estimated using price per square foot, since no strong comparable sales were available. Run your own comps before making an offer.

Package Deal: The property next door, is also available. Take both and get a significant discount on the pair.