$489,900 · MIAMI, FL 33157
Tight for flippers · Landlords would lose money

Available

$489,900Asking price

3 bd · 2 ba · 1,254 sq ft · built 1981

MIAMI, FL 33157

No contract on file

via InvestorLift Classic

6 views · listed a day ago

Tight for flippers

Landlords would lose money

Flip

Rental

Sells for (ARV)From the listing: $615,000
Asking price: −$489,900
RepairsMiddle of the seller’s $30,000 – $35,000. Ours: $13,500 – $28,000: −$32,500
Loan, holding, closing20% down, 12% interest, 2 points, 73 days: −$50,391
Profit6.9% of ARV · flippers want 10%+: $42,209
Tight

Works for a flipper at $471,000 or less.

ELIZABETH

Elizabeth G

No reviews yet

Sales

Rents

ARV $615,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $586,000.

The sales behind this value are shown to members.

ARV $615,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ELIZABETH

Elizabeth G

No reviews yet

3 bedroom, 2 bathroom house in the Fairway Estates neighborhood in South Miami, Florida with a 1 car garage.

HOA: None
A/C: Put in 2012.
Windows: Put in 2015
Needs: A few small fix-ups,
ARV: $615,000+
Rehab: $35,000
Days on market: Very low, which means the house was listed for sale only a short time ago

This is a great house to fix up and sell for a profit!

NOTE: The house will be empty when you buy it.