Great flip on a single-family home 832 sqft including a 162 sqft storage shed. Lots of improvements have already been made, the back laundry room was redone with new insulation, windows are newer double-paned, the bathroom has new floors and new fixtures, new appliances, new back deck, and fenced yard, new cedar shake siding, the foundation was redone by jacking it up on pillars. Very close to Port Angeles Harbor, Waterfront Trail, Olympic Discovery Trail, Lincoln High School, Tumwater Creek, and several restaurants. Hamilton Elementary School, recreational parks & fields, supermarkets, and stores are within 2.5 miles.
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Rehab Estimate: $40,000
Appreciation ARV: $380,100 ($340,000 before Holding Appreciation)
ROI: 25.07%
Cash ROI: 161.26%
Profit Analysis: $70,000
Closing date: December 15th or sooner.
Rehab Details: Interior & Exterior paint, cosmetic remodel, plumbing, and electrical.
No viewings are allowed until we sign around the assignment agreement.
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