$60,000 · LUMBERTON, NC 28358
Works for flippers · Works for landlords

Available

$60,000Asking price

3 bd · 1 ba · 1,134 sq ft · built 1945

LUMBERTON, NC 28358

No contract on file

via InvestorLift Classic

1 view · listed 5 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $140,000
Asking price: −$60,000
RepairsMiddle of the seller’s $40,000 – $50,000. Ours: $52,000 – $86,500: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$8,191
Profit19.1% of ARV · flippers want 10%+: $26,809
Works

Works for a flipper up to $72,000.

ONWARD VENTURES RE LLC

Drew Whitman

No reviews yet

Comps

Sales

Rents

ARV $140,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $83,000.

The sales behind this value are shown to members.

ARV $140,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ONWARD VENTURES RE LLC

Drew Whitman

No reviews yet

Seller Description

2600 Rogers Street

Vacant 3 bed / 1 bath, 1,134 sq ft, built 1945, on about an acre in east Lumberton (Robeson County), a rental area. Heavy rehab: needs a full rehab and cleanout.

Nearby as-is: 1009 E 6th St (3/1, about 1,085 sq ft) is listed at $84,900.

Rent around $970/month (estimate, not a lease). ARV around $140,000.

Sold as-is, cash or hard money.

Reach out for more info+walkthrough info!

Drew Whitman

Elevate Properties

304-380-6154