Jonesboro, GA • 3 bed / 2 bath manufactured (1,350 sf, 2005). ARV $328,000 with a 62% discount below ARV at the $124,000 ask.
Flip numbers are the story here: estimated flip profit $181,184 on this spread, with an estimated 123% ROI and a 55% margin (per provided flip analysis). You’re buying deep enough below ARV to have room for rehab, holding, and resale costs while still targeting a strong net.
Rental snapshot (if you want a fallback hold): estimated rent $1,675/month, but the current underwriting shows -$427/month cash flow, a 2.3% cap rate, and -20.7% cash-on-cash (assumptions include 20% down, 7% rate, 30yr, 20% expenses, 8% vacancy, and $600/month HOA). This one pencils best as a flip under the provided inputs.
Condition is noted as turnkey with a repair estimate range of $0 to $10,500. Use the light-to-moderate lift (as needed) to protect the comps-backed ARV and exit clean on resale.
Cash buyers preferred with a quick close.
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ARV $328,000
Backed by comps
Investimate’s value for the 5 sales the seller picked.