$227,000 · CHARLOTTE, NC 28206
Works for flippers · Landlords would lose money

Available

$227,000Asking price

4 bd · 1 ba · 1,414 sq ft · built 1939

CHARLOTTE, NC 28206

No contract on file

via InvestorLift Classic

10 views · listed Nov 3

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $500,000
Asking price: −$227,000
RepairsMiddle of the seller’s $80,000 – $100,000. Ours: $74,500 – $124,500: −$90,000
Loan, holding, closing20% down, 12% interest, 2 points, 96 days: −$31,174
Profit30.4% of ARV · flippers want 10%+: $151,826
Works

Works for a flipper up to $322,000.

PRIME PARTNER REALTY

Jason Martinez

No reviews yet

Comps

Sales

Rents

ARV $500,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $500,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

PRIME PARTNER REALTY

Jason Martinez

No reviews yet

Seller Description

Investment BreakdownARV: $500,000Purchase price: $227,000Rehab: $100,000Gross Profit: $173,000

**Property Address:** 2814 L D Parker Dr Charlotte NC 28206

**Asking Price:** $227,000

**Click for Photos:** Click Here

Property Details

Type: Single Family Home
Specs: 4 bed / 1 bath
Size: 1414 sqft on .25 acres
Year Built: 1939

Occupancy: vacantFinancing: Cash OnlyPreferred Lender: https://go.thetonymont.com/lending Comparable Sales Breakdown

New Build• 2916 L D Parker Dr, Charlotte, NC 28206– Sold @: $515,000– Listing: HERE SFH flip• 1035 Rodey Ave, Charlotte, NC 28206– Sold @: $205,000 re-sold for $450,000– Listing: HERE SFH 2/1 750 sqft• 1120 Mona Dr, Charlotte, NC 28206– Sold @: $225,000– Listing: HERE Former 2/1 house• 1325 Norris Ave, Charlotte, NC 28206– Sold @: $500,000– Listing: HERE

DisclaimersIMPORTANT: Buyer is responsible for conducting their own due diligence. This is an as-is opportunity. All information provided is believed to be accurate but not guaranteed. This opportunity is offered to qualified real estate investors only. This is not a retail property listing and no real estate agent relationships are implied or established through this marketing material.

Time-sensitive opportunity - this contract is being offered to multiple investors