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$692,580 · RENO, NV 89508
Flippers would lose money

Available

$692,580Asking price

3 bd · 2 ba · 2,281 sq ft · built 2002

RENO, NV 89508

No contract on file

via InvestorLift Classic

1 view · listed Nov 2

Flippers would lose money

The Numbers

Sells for (ARV)From the listing: $700,000
Asking price: −$692,580
RepairsMiddle of our estimate, $0 – $18,000: −$9,000
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$64,517
Profit−9.4% of ARV · flippers want 10%+: −$66,097
Loses money

Works for a flipper at $564,000 or less.

DEAL PROS LLC

Terms For Sale

No reviews yet

Comps

ARV $700,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $700,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

DEAL PROS LLC

Terms For Sale

No reviews yet

Seller Description

Reno Metro SubTo | 10-Acre Equestrian Estate | Mountain Views & Orchard

Reno, NV 89508

These deals go quick! CALL or TEXT at 480-637-3117!

PRICE

Entry: $65,195 + Closing Cost/TC fee
Starting Price: $692,580

PROPERTY DETAILS

3 beds | 2 baths
2,281 sqft | 435,600 sq ft lot
Built in 2002
HOA fee: $37/month

EXISTING MORTGAGE

Balance: $627,385
PITI: $4,518 est
Interest Rate: 6.5 %
Maturity Date: 9/1/2055

These deals go quick! CALL or TEXT at 480-637-3117!

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

Investorlift
NV
Reno
89508
RENO, NV 89508

Investorlift

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