$317,676 · CRANDALL, TX 75126
Flippers would lose money · Landlords would lose money

Pending

$317,676Asking price

4 bd · 2.5 ba · 2,275 sq ft · built 2019

CRANDALL, TX 75126

No contract on file

via InvestorLift Classic

Listed 5 days ago

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $320,000
Asking price: −$317,676
RepairsMiddle of our estimate, $0 – $17,500: −$8,750
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$29,560
Profit−11.2% of ARV · flippers want 10%+: −$35,986
Loses money

Works for a flipper at $253,000 or less.

ALLIED ADVANTAGE PROPERTY GROUP LLC

John Allen

No reviews yet

Comps

Sales

Rents

ARV $320,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $283,000.

The sales behind this value are shown to members.

ARV $320,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

John Allen

No reviews yet

Seller Description

Address: Heartland, TX 75126 Subject-to Entry: $17,000 ARV: $320K (Buyer does own due diligence) 4 Bed | 2.5 Bath | 2,275 Sq Ft | 0.15 Acres | 2019 Build Avg Rent: $2,200 - $2,500 LTR ( PAST 3-6MO/ ) Rehab: No updates needed, FULLY TURNKEY! Loan Info:

Interest Rate: 2.75%

Current PITI: $2,160.77

Principal and Interest: $1,374.55

Taxes/Insurance: $786.22

Principal Bal: $300,676.56

TOTAL PURCHASE PRICE: $317,676.56 Pics: https://drive.google.com/drive/folders/15k4MJgUJnKr0PpqxHuTiycwXyGfC6dQr?usp=sharing