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Minnesota, MN

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Minnesota, MN

$390,000 · COTTAGE GROVE, MN 55016
Flippers would lose money · Landlords would lose money

Available

$390,000Asking price

5 bd · 3 ba · 2,152 sq ft · built 1995

COTTAGE GROVE, MN 55016

No contract on file

via InvestorLift Classic

Listed 4 days ago

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $476,000
Asking price: −$390,000
RepairsMiddle of the seller’s $20,000 – $80,000. Ours: $26,500 – $54,500: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$40,426
Profit−0.9% of ARV · flippers want 10%+: −$4,426
Loses money

Works for a flipper at $341,000 or less.

KEYGLEE

Abraham Silva

No reviews yet

Comps

Sales

Rents

ARV $476,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $461,000.

The sales behind this value are shown to members.

ARV $476,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

KEYGLEE

Abraham Silva

No reviews yet

Seller Description

5 Beds / 3 Baths / 3 Car
2,152sf Living Area (per owner)
0.235 acres Lot Size
1995 Year Build
Wholesale Price: $390,000
After Repair Value: $476,000

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

Investorlift
MN
Cottage Grove
55016
COTTAGE GROVE, MN 55016

Investorlift

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