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48519, MI

48519, MI

48519, MI

$64,250 · BURTON, MI 48519
Works for flippers · Landlords would lose money

Available

$64,250Asking price

2 bd · 1 ba · 744 sq ft · built 1954

BURTON, MI 48519

No contract on file

via InvestorLift Classic

4 views · listed Nov 3

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $145,000
Asking price: −$64,250
RepairsMiddle of the seller’s $20,000 – $80,000. Ours: $10,500 – $22,000: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$8,657
Profit15.2% of ARV · flippers want 10%+: $22,093
Works

Works for a flipper up to $71,000.

KEYGLEE

Abraham Silva

No reviews yet

Comps

Sales

Rents

ARV $145,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

KEYGLEE

Abraham Silva

No reviews yet

Seller Description

2 Beds / 1 Bath / 2 Detached Car Garage
744sf Living Area (per mls)
2.5 acres Lot Size
1954 Year Build
Wholesale Price: $64,250
After Repair Value: $145,000

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ARV $145,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $132,000.

The sales behind this value are shown to members.

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