$80,000 · FAYETTE COUNTY, WASHINGTON COURT HOUSE, OH 43160
Works for flippers · Works for landlords

Available

$80,000Asking price

4 bd · 2 ba · 1,500 sq ft · built 1900

FAYETTE COUNTY, WASHINGTON COURT HOUSE, OH 43160

Contract on file

2 views · listed 10 hours ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)Backed by 7 comps: $176,000
Asking price: −$80,000
RepairsMiddle of the seller’s $40,500 – $73,000. Ours: $40,500 – $73,000: −$56,750
Loan, holding, closing20% down, 12% interest, 2 points, 83 days: −$10,706
Profit16.2% of ARV · flippers want 10%+: $28,544
Works

Works for a flipper up to $90,000.

NOR-CAL PROPERTIES & INVESTMENTS LLC

Wayne Yahnke

No reviews yet

Comps

Sales

Rents

ARV $176,000

Backed by comps

Investimate’s value for the 7 sales the seller picked.

The sales behind this value are shown to members.

ARV $176,000

Backed by comps

Investimate’s value for the 7 sales the seller picked.

The sales behind this value are shown to members.

NOR-CAL PROPERTIES & INVESTMENTS LLC

Wayne Yahnke

No reviews yet

Seller Description

Washington Court House, OH duplex (4 bed / 2 bath, 1,500 sqft): ARV $176,000 with a $96,000 discount to ARV at the $80,000 ask. Flip numbers: comps-backed ARV $176,000. You’re buying at ~55% below ARV with an estimated flip profit of $28,544 and ~19% projected ROI (per provided analysis). This is a spread that’s built on buying deep enough to absorb a major rehab and still exit with margin. Rental numbers: estimated rent $1,200/month with projected monthly cash flow of $272. Provided rental analysis pegs this at a 10.5% cap rate and ~20.4% cash-on-cash return (assumptions: 20% down, 7% rate, 30-year term, 20% expenses, 8% vacancy; GRM 5.6). Condition is Major Rehab with an estimated $40,500–$73,000 repair range; this is a value-add play where the rehab is the path to the $176,000 ARV. Cash buyers preferred and a quick close expected.