$65,000 · SPARTANBURG, SC 29306
Works for flippers · Works for landlords

Available

$65,000Asking price

3 bd · 1 ba · 974 sq ft · built 1920

SPARTANBURG, SC 29306

No contract on file

via InvestorLift Classic

8 views · listed 16 hours ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $160,000
Asking price: −$65,000
RepairsMiddle of the seller’s $40,000 – $60,000. Ours: $46,500 – $77,000: −$50,000
Loan, holding, closing20% down, 12% interest, 2 points, 80 days: −$9,158
Profit22.4% of ARV · flippers want 10%+: $35,842
Works

Works for a flipper up to $83,000.

FAIR MARKET BUYERS LLC

Leng Cerna

No reviews yet

Comps

Sales

Rents

ARV $160,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $82,000.

The sales behind this value are shown to members.

ARV $160,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

FAIR MARKET BUYERS LLC

Leng Cerna

No reviews yet

Seller Description

Investor special with strong value-add potential! This off-market property in Spartanburg, SC offers investors an opportunity to renovate and build equity. Featuring 3 bedrooms, 1 bathroom, and 974 square feet, this property needs a full rehab, including a new roof. With the right improvements, it could become an attractive long-term rental or resale investment.