Investorlift

$645,000 · MIAMI, FL 33165
Works for flippers · Landlords would lose money

Available

$645,000Asking price

4 bd · 3 ba · 1,792 sq ft · built 1940

MIAMI, FL 33165

No contract on file

via InvestorLift Classic

2 views · listed 20 hours ago

Works for flippers

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $900,000
Asking price: −$645,000
RepairsMiddle of the seller’s $40,000 – $50,000. Ours: $82,500 – $137,500: −$45,000
Loan, holding, closing20% down, 12% interest, 2 points, 78 days: −$69,902
Profit15.6% of ARV · flippers want 10%+: $140,098
Works

Works for a flipper up to $691,000.

ELIZABETH

Elizabeth G

No reviews yet

Comps

Sales

Rents

ARV $900,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ELIZABETH

Elizabeth G

No reviews yet

Seller Description

Duplex with two units

Unit 1: 3 bedrooms, 1 bathroom
Unit 2: 1 bedroom, 1 bathroom

Property details

Single-story, 1,792 sq. ft. of living space on a 6,105 sq. ft. lot
Zoned for duplexes (5700 Duplexes - General)
HVAC replaced in 2016
Connected to city sewer
No liens or violations
Interior is original and needs a full renovation

More About This Property

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ARV $900,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $870,000.

The sales behind this value are shown to members.

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Investorlift
FL
Miami
33165
MIAMI, FL 33165

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