Brazil, IN — 2 bed / 1 bath SFR (1,190 sf): ARV $140,000 with a 66% discount below ARV at the $48,000 ask. Projected flip profit $34,082 with a 32% ROI.
Flip numbers are straightforward: comps-backed ARV $140,000, buy-in at $48,000 (66% below ARV), with an estimated flip profit of $34,082 and estimated ROI of 32% (per flip analysis).
Rental case is strong if you keep it: estimated rent $1,450/month with projected monthly cash flow of $520. That pencils to a 19.4% cap rate and 65% cash-on-cash return (assumptions: 20% down, 7% rate, 30-year amortization, 20% expenses, 8% vacancy).
Condition is a full gut, with repairs estimated at $45,500–$55,500. This is a value-add project designed to lift the property to the $140,000 ARV.
Cash buyers preferred with a quick close. Buyer to verify all details, comps, and assumptions. call at (904) 385-5882
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Nearby Markets12 cities · 8 counties · 12 ZIP codes
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ARV $149,000
Backed by comps
Investimate’s value for the 3 sales the seller picked.