Investorlift

$104,000 · HOUSTON, TX 77022
Works for flippers · Low return for landlords

Available

$104,000Asking price

2 bd · 1.5 ba · 1,416 sq ft · built 1950

HOUSTON, TX 77022

No contract on file

via InvestorLift Classic

2 views · listed 2 days ago

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $215,000
Asking price: −$104,000
RepairsMiddle of the seller’s $30,000 – $38,000. Ours: $20,000 – $41,500: −$34,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$13,258
Profit29.6% of ARV · flippers want 10%+: $63,742
Works

Works for a flipper up to $143,000.

FAST WHOLESALE DEALS

Alan

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Comps

Sales

Rents

ARV $215,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FAST WHOLESALE DEALS

Alan

No reviews yet

Seller Description

512 Apache St Houston, TX 77022

2/1 - 1,416SQFT - 1950YRB

VACANT - AVERAGE REHAB

ARV: 215K ASK: 104K

PICS: https://drive.google.com/drive/folders/1zyhMMChZdeEZCjUP0Fq588d3lIjkrmxn?usp=sharing

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ARV $215,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $248,000.

The sales behind this value are shown to members.

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Investorlift
TX
Houston
77022
HOUSTON, TX 77022

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