Investorlift

$184,900 · MIAMI, FL 33175
Flippers would lose money · Landlords would lose money

Available

$184,900Asking price

1 bd · 1.5 ba · 624 sq ft · built 1987

MIAMI, FL 33175

No contract on file

via InvestorLift Classic

4 views · listed 2 hours ago

Flippers would lose money

Landlords would lose money

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $210,000
Asking price: −$184,900
RepairsMiddle of the seller’s $10,000 – $15,000. Ours: $6,500 – $14,000: −$12,500
Loan, holding, closing20% down, 12% interest, 2 points, 65 days: −$17,966
Profit−2.6% of ARV · flippers want 10%+: −$5,366
Loses money

Works for a flipper at $160,000 or less.

ELIZABETH

Elizabeth G

No reviews yet

Comps

Sales

Rents

ARV $210,000

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

1 Bedroom 1.5 Bath
HOA: $283.00
No Rental Restrictions
Potential Rent: $2000 month
Note: Vacant at closing

The property can rent for $2K monthly in its current conditions without renovations.

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ARV $210,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $162,000.

The sales behind this value are shown to members.

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