$44,900 · KOKOMO, IN 46901
Works for flippers · Works for landlords

Available

$44,900Asking price

2 bd · 2 ba · 1,464 sq ft · built 1900

KOKOMO, IN 46901

No contract on file

via InvestorLift Classic

5 views · listed Nov 2

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $175,000
Asking price: −$44,900
RepairsMiddle of the seller’s $1,111 – $2,222. Ours: $39,500 – $71,000: −$1,667
Loan, holding, closing20% down, 12% interest, 2 points, 61 days: −$8,036
Profit68.8% of ARV · flippers want 10%+: $120,397
Works

Works for a flipper up to $141,000.

ABLEMAN REAL ESTATE INVESTMENTS LLC

Jeff Anderson

No reviews yet

Comps

Sales

Rents

ARV $175,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $76,000.

The sales behind this value are shown to members.

ARV $175,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ABLEMAN REAL ESTATE INVESTMENTS LLC

Jeff Anderson

No reviews yet

Seller Description

Great opportunity for your portfolio!

Asking Price: 44,900

Rented

ARV: $175,000

Market Rent: $930

Note: Interior photos are older. The current tenants are not paying, and an eviction is in process, so updated interior photos aren’t available at this time

Comps:

1034 E Richmond St, Kokomo, IN 46901

https://www.zillow.com/homedetails/1034-E-Richmond-St-Kokomo-IN-46901/85376005_zpid/

1145 E Walnut St, Kokomo, IN 46901

https://www.zillow.com/homedetails/1145-E-Walnut-St-Kokomo-IN-46901/85374213_zpid/

920 W Jackson St, Kokomo, IN 46901

https://www.zillow.com/homedetails/920-W-Jackson-St-Kokomo-IN-46901/85371416_zpid/

928 E Richmond St, Kokomo, IN 46901

https://www.zillow.com/homedetails/928-E-Richmond-St-Kokomo-IN-46901/85375983_zpid/

-Cash or hard money only.

-Sight unseen offers are prioritized.

-Must close with our appointed title company.