💫🚨 HUGE Cheap 5 Bedroom 60k Net Profit Flip in Buffalo, Iowa | THIS WONT LAST 💫🚨

💸 Price - $119k [Zillow $130k][50% ARV]

💸 ARV - $235k+

💸 Market Rent - $1500+

Amazing Backstory:

I was able to save this from foreclosure ONE MINUTE before the auction sale. it was a movie. the auction was gonna start at $135k by the way. here's details on this awesome deal...

An incredible deal on a HUGE 5 bedroom corner lot property just a block from the Mississippi River right on the state line of Iowa & Illinois, this property is aggressively priced under tax assessed value which is $118k. There is ton of value add potential here with the detached enclosed garage with a carport & unfinished basement. Whether its your primary residence or an investment property flip or rental, a deal like this wont last!

Property Details:

📍 5 Bed / 2 Bath

📍 1634 Sq. Ft.

📍 Detached Garage With Carport As Well!

📍 Rehab: Light - Medium [Depending on Exit]

📍Access: Appt 

📍 Vacant At Closing

Exit Strategies:

🏠 Fix & Flip -

⚒ $119k Purchase Price

⚒ $40k Rehab

⚒ All in for $159k & 8% Closing Costs / Commissions

💸 $57,200 NET PROFIT

🏠 Fix & Rent -

⚒ $119k Purchase Price

⚒ $15k Rehab

⚒ $1500+ Market Rent

💸 11% CAP RATE

CONTACT MAIKA AT 407-616-5236 FOR MORE INFO & ACCESS

 *Requirements for submission: PLEASE read prior to submitting offer*

1. No Assignment of Contracts. We are willing to JV as long as you are transparent.  
2. Minimum escrow deposit of $5k required within 24 hours of acceptance of offer & assignment agreement.

🗄 Title Opened With River Edge Escrow Company