Investorlift

98133, WA

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98133, WA

$550,000 · SEATTLE, WA 98133
Works for flippers · Landlords would lose money

Available

$550,000Asking price

3 bd · 1 ba · 1,530 sq ft · built 1923

SEATTLE, WA 98133

No contract on file

Price Drop

via InvestorLift Classic

4 views · listed Nov 4

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $1,020,000
Asking price: −$550,000
RepairsThe seller’s figure. Ours: $89,000 – $148,000: −$115,000
Loan, holding, closing20% down, 12% interest, 2 points, 106 days: −$71,234
Profit27.8% of ARV · flippers want 10%+: $283,766
Works

Works for a flipper up to $719,000.

SUMMERCREST CAPITAL

Josh Le

No reviews yet

Comps

Sales

Rents

ARV $1,020,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $666,000.

The sales behind this value are shown to members.

ARV $1,020,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SUMMERCREST CAPITAL

Josh Le

No reviews yet

Seller Description

3 bed, 1 bath, 1,530 sqft
Year build: 1923
3,844 sqft lot
All mechanicals working, ages unknown
Estimated rehab: $115k
ARV: $1.02M
Tenant paying $3,000/mo, lease ends January
Showings by appointment

Contact: 813-537-6756

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