Investorlift

48215, MI

48215, MI

48215, MI

$24,900 · DETROIT, MI 48224
Works for flippers · Works for landlords

Available

$24,900Asking price

1 bd · 1 ba · 665 sq ft · built 1923

DETROIT, MI 48224

Contract on file

via InvestorLift Classic

7 views · listed Nov 5

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $60,000
Asking price: −$24,900
RepairsMiddle of the seller’s $15,000 – $20,000. Ours: $20,500 – $37,000: −$17,500
Loan, holding, closing20% down, 12% interest, 2 points, 67 days: −$3,384
Profit23.7% of ARV · flippers want 10%+: $14,216
Works

Works for a flipper up to $32,000.

OFFER NOW MICHIGAN, LLC

Offer Now Michigan

No reviews yet

Comps

Sales

Rents

ARV $60,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

OFFER NOW MICHIGAN, LLC

Offer Now Michigan

No reviews yet

Seller Description

1 bed 1 bath (665 sq ft)
full basement
detached 2 car garage
electrcial and plumbing updated

For any questions contact Mario Ready 313-631-3930

More About This Property

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Nearby Markets12 cities · 8 counties · 12 ZIP codes

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ARV $60,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $31,000.

The sales behind this value are shown to members.

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Investorlift
MI
Detroit
48224
DETROIT, MI 48224

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