$75,000 · PITTSBURGH, PA 15221
Works for flippers · Works for landlords

Available

$75,000Asking price

3 bd · 1 ba · 1,600 sq ft · built 1900

PITTSBURGH, PA 15221

Contract on file

via InvestorLift Classic

6 views · listed 2 days ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $285,000
Asking price: −$75,000
RepairsMiddle of the seller’s $75,000 – $80,000. Ours: $47,000 – $85,000: −$77,500
Loan, holding, closing20% down, 12% interest, 2 points, 91 days: −$13,795
Profit41.7% of ARV · flippers want 10%+: $118,705
Works

Works for a flipper up to $159,000.

VOLUNTEER HOME SOLUTION

Thomas Fernandez

No reviews yet

Comps

Sales

Rents

ARV $285,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $79,000.

The sales behind this value are shown to members.

ARV $285,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

VOLUNTEER HOME SOLUTION

Thomas Fernandez

No reviews yet

Seller Description

Pittsburgh, PA 15221 | Off-Market Fix-and-Flip or Rental Opportunity

Asking Price: $86,000

A 3-bedroom, 1-bath single-family home of about 1,600 sq. ft., built in 1900 and sitting on roughly 1 acre. It needs a full rehab, estimated at about $70,000. After repairs, the estimated ARV is $260,000 to $310,000, and estimated rent is about $2,000 per month. That leaves an indicative spread of roughly $105,000 to $135,000, whether you flip it or hold it as a rental.