$250,000 · MOBILE COUNTY, MOBILE, AL 36609
Works for landlords · Flippers would lose money

Available

$250,000Asking price

4 bd · 2 ba · 2,537 sq ft · built 1987

MOBILE COUNTY, MOBILE, AL 36609

No contract on file

1 view · 1 saved · listed 20 hours ago

Works for landlords

Flippers would lose money

The Numbers

Flip

Rental

Sells for (comps’ value)The seller says $315,000: $243,000
Asking price: −$250,000
RepairsMiddle of the seller’s $0 – $10,000. Ours: $0 – $19,500: −$5,000
Loan, holding, closing20% down, 12% interest, 2 points, 62 days: −$22,867
Profit−14.3% of ARV · flippers want 10%+: −$34,867
Loses money

Works for a flipper at $194,000 or less. On the seller’s $315,000 it would show $34,973 profit.

BUTLER ACQUISITION GROUP LLC

Ray Butler

No reviews yet

Comps

Sales

Rents

ARV $315,000

Seller’s own value

The seller’s 5 picked sales support $243,000, which is $72,000 less.

The sales behind this value are shown to members.

ARV $315,000

Seller’s own value

The seller’s 5 picked sales support $243,000, which is $72,000 less.

The sales behind this value are shown to members.

BUTLER ACQUISITION GROUP LLC

Ray Butler

No reviews yet

Seller Description

Mobile, AL | 4 bed / 2 bath SFR (2,537 SF) with a comps-backed ARV of $299,000 offered at $250,000. That’s about 16% below ARV, leaving an estimated $19,453 spread for a light value-add or quick turn. Flip case: ARV $299,000 with a 16% discount below ARV. Projected flip profit is $19,453 with an estimated 7% ROI (per provided analysis), supported by a low-to-moderate rehab budget range ($0–$10,000). Rental case: estimated rent is $2,800/month with projected monthly cash flow of $438. Pro forma cap rate is 8.5% and cash-on-cash return is 10.5% (assumptions: 20% down, 7% rate, 30-year, 20% expenses, 8% vacancy, $0 HOA; 25 rent comps used). Condition is described as turnkey, with only minor punch-list / light cosmetic upside implied by the $0–$10,000 repair range—positioned as the lift to capture full ARV and/or tighten rent performance. Cash buyers and fast closers preferred. Bring your exit strategy and timeline—pricing is built around the discount to ARV and immediate cash-flow profile.