$275,000 · RICHMOND, TX 77406
Tight for flippers · Low return for landlords

Available

$275,000Asking price

4 bd · 2.5 ba · 2,986 sq ft · built 2012

RICHMOND, TX 77406

No contract on file

via InvestorLift Classic

2 views · listed Jul 17

Tight for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $390,000
Asking price: −$275,000
RepairsMiddle of our estimate, $36,000 – $75,000: −$55,500
Loan, holding, closing20% down, 12% interest, 2 points, 82 days: −$30,281
Profit7.5% of ARV · flippers want 10%+: $29,219
Tight

Works for a flipper at $265,000 or less.

DONE DEAL HOMEBUYERS

Eric Valdez

No reviews yet

Comps

Sales

Rents

ARV $390,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $363,000.

The sales behind this value are shown to members.

ARV $390,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

DONE DEAL HOMEBUYERS

Eric Valdez

No reviews yet

Seller Description

TITLE IS CLEAR READY TO CLOSE ASAP!

4 Beds

2.5 Bath

2,986 Sqft Living

5,369 Sqft Lot Size

2012 Year Build

Comps

https://www.zillow.com/homedetails/26226-Riley-Glen-Dr-Richmond-TX-77406/118398484_zpid/ - Sold $409k

Please call/text Eric for details - 5206803233

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5k Non refundable earnest seals the deal

Done Deal Home Buyers makes no warranties and buyer to verify facts, buyer to pay all closing costs, $500 TC fee, property is sold as-is, no negotiations, earnest money is NON-REFUNDABLE.

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