$895,000 · MONTGOMERY COUNTY, BETHESDA, MD 20817
Works for flippers · Landlords would lose money

Available

$895,000Asking price

4 bd · 2.5 ba · 2,962 sq ft · built 1962

MONTGOMERY COUNTY, BETHESDA, MD 20817

Contract on file

5 views · listed 2 days ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)Backed by 3 comps: $1,494,000
Asking price: −$895,000
RepairsMiddle of the seller’s $120,000 – $150,000. Ours: $86,000 – $155,000: −$135,000
Loan, holding, closing20% down, 12% interest, 2 points, 114 days: −$112,825
Profit23.5% of ARV · flippers want 10%+: $351,175
Works

Works for a flipper up to $1,082,000.

JOEL M CONDOR

No reviews yet

Comps

Sales

Rents

ARV $1,494,000

Backed by comps

Investimate’s value for the 3 sales the seller picked.

The sales behind this value are shown to members.

ARV $1,494,000

Backed by comps

Investimate’s value for the 3 sales the seller picked.

The sales behind this value are shown to members.

JOEL M CONDOR

No reviews yet

Seller Description

Bethesda, MD SFR (4/2.5, 2,962 sf): ARV $1,494,000 with a 40% discount below ARV at $895,000. Projected flip spread is about $351,000 with an estimated 31% ROI. Flip case: comps-backed ARV $1,494,000, buy-in at $895,000, and an estimated flip profit of $351,175. That’s a 24% margin with the heavy lifting already captured in the discount to ARV. Rental check: estimated rent is $5,325/mo, but the current rental math is not compelling at this basis (monthly cash flow -$1,835, 3.9% cap rate, -12.3% cash-on-cash under the stated assumptions). This one pencils best as a value-add resale rather than a long-term hold. Condition is Major Rehab with an estimated $120,000–$150,000 repair budget. This is a renovation-driven deal where the upside comes from executing the rehab to reach the ARV. Cash buyers preferred with a quick close; verify specs, rehab scope, and exit numbers during due diligence.