$97,000 · DEFIANCE, OH 43512
Works for flippers

Available

$97,000Asking price

3 bd · 1 ba · 1,308 sq ft · built 1952

DEFIANCE, OH 43512

No contract on file

via InvestorLift Classic

4 views · listed 3 days ago

Works for flippers

The Numbers

Sells for (ARV)From the listing: $175,000
Asking price: −$97,000
RepairsMiddle of the seller’s $30,000 – $40,000. Ours: $63,000 – $105,000: −$35,000
Loan, holding, closing20% down, 12% interest, 2 points, 74 days: −$11,600
Profit17.9% of ARV · flippers want 10%+: $31,400
Works

Works for a flipper up to $110,000.

QUICK DIRECT SALE

Vili Stjepic

No reviews yet

Comps

ARV $175,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $130,000.

The sales behind this value are shown to members.

ARV $175,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

QUICK DIRECT SALE

Vili Stjepic

No reviews yet

Seller Description

Land:

3 acres total, Approximately 1 acre wooded, Country setting with wooded acreage

House features:

Double-pane windows, Flat ceilings, Kitchen with wood laminate flooring, Carpet throughout the remaining rooms, Family room with carpet needed, French doors needing repair, Utility room for washer, dryer and hot water tank, Linen closet in bathroom,Hot water tank in good condition, Window air conditioning, Propane heating

Repairs and improvements needed:

Furnace needs replacement or repair, Front portion of roof needs tin roofing, Back portion of roof is in good condition, North-side wall near garage appears to be pulling away or deteriorating at the foundation, Window leak on north side, French doors need work, Family room needs carpet

Call Vili 216-716-2228