$179,900 · LEWISVILLE, NC 27023
Works for flippers · Works for landlords

Available

$179,900Asking price

3 bd · 2.5 ba · 1,828 sq ft · built 1985

LEWISVILLE, NC 27023

No contract on file

Price Drop

via InvestorLift Classic

10 views · listed 4 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $340,000
Asking price: −$179,900
RepairsMiddle of the seller’s $5,000 – $15,000. Ours: $40,500 – $73,000: −$10,000
Loan, holding, closing20% down, 12% interest, 2 points, 64 days: −$21,504
Profit37.8% of ARV · flippers want 10%+: $128,596
Works

Works for a flipper up to $268,000.

EZ OFFER

Mark Martinez

No reviews yet

Comps

Sales

Rents

ARV $340,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $322,000.

The sales behind this value are shown to members.

ARV $340,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

EZ OFFER

Mark Martinez

No reviews yet

Seller Description

Lewisville Investor Rehab Opportunity! Vacant status to be confirmed. This property offers investors and contractors an opportunity for a complete transformation. The home reportedly needs a full interior gut renovation, replacement of both HVAC units, new exterior siding, and repairs to areas affected by wood rot. The roof was reportedly replaced approximately two years ago with 30-year architectural shingles, and the water heater is approximately seven years old.