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Logan County, CO

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Logan County, CO

$182,603 · STERLING, CO 80751
Works for flippers · Landlords would lose money

Available

$182,603Asking price

2 bd · 1 ba · 912 sq ft · built 1929

STERLING, CO 80751

No contract on file

via InvestorLift Classic

Listed 4 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $250,000
Asking price: −$182,603
RepairsMiddle of our estimate, $0 – $7,000: −$3,500
Loan, holding, closing20% down, 12% interest, 2 points, 61 days: −$18,829
Profit18.0% of ARV · flippers want 10%+: $45,068
Works

Works for a flipper up to $201,000.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Comps

Sales

Rents

ARV $250,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $186,000.

The sales behind this value are shown to members.

ARV $250,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

NEXKEY COLLECTIVE

NexKey Collective Deals - Kristie DeLouise

No reviews yet

Seller Description

Property Details:

Address: 413 N 3rd Ave, Sterling, CO 80751

Bed/Bath: 4 Bed / 1 Bath

Square Footage: 1,457 sqft

Year Built: 1929

HOA Restrictions: No HOA

Multi-Unit: No

Features + Amenities:

Furnished: No

Pool: No

Tenant Occupied: N/A

Monthly Rent: N/A

Est. Repairs:N/A

Financing Details:

Entry Fee (10.0%): $18,260 + CC + TC

Purchase Price: $182,603

Subto Terms

Mortgage Balance: $118,017.22

Rate: 2.62%

PITI: $932.17

Additional Loans

Loan Balance: $41,168.58

Monthly Payment: $220.54

Rate: 2.62%

Monthly Payments:

PITI: $932.17

Other: $220.54

Total Monthly: $1,152.71

Exit Scenarios:

Est. Average LTR: $1,536

Est. Average STR: $2,658

Additional Details:

Arrears: Mortgage - $2,891.40 Solar - $2,526
7,601 Square Feet Lot
CONTACT:
For additional property details, walkthrough instructions, or to submit an offer, please contact:
Mike Graham
NexKey Collective
Phone: (917) 746-5159
BUYERS, PLEASE CONDUCT YOUR DUE DILLIGENCE