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Asking Price: $175,000

Win It Now Price: $180,000

Profit Potential:

Buy&Hold: Rent this out at $1700-1750/mo to hit 1% rule. House on the same street is collecting $1800/mo

Flip: House has minor foundation issues which has a ~$6,000 quote to fix. The house does not need more than $10,000 to get to market-ready standards and achieve $240,000 ARV so you are buying at 75% of ARV - Repairs

Occupancy: Vacant

Access: Lockbox (Contact Me for Code)

1) Basic:

Bed/Bath: 3/2

Square Ft: 1204

Year Built: 1938

Parking: Driveway

Lot size: .2 acre

2) Numbers:

Asking Price: $175,000

Win It Now Price: $180,000

Market Rent: 1700-1750/mo (4 beds)

ARV: $240,000

3) ARV Comps:

2036 Chicago Avenue: $245,000 January 2023

3/2/1216sqft/1956YB

1966 Tiger Flowers Dr: $269,000 December 2022

3/2/1195sqft/1938YB

2250 Tiger Flowers Dr: $259,500 December 2022

4/2/1182sqft/1950YB

1878 Tremont Dr: $295,000 February 2023

3/2/1400sqft/1944YB

4) Rent Comps:

2072 Morehouse Dr: $1800/mo May 2021

3/2/1495sqft

2054 Bethel Dr: $1700/mo June 2021

4/2/1500sqft

294 Verbena St NW: $1350/mo November 2022 

3/1/945sqft

400 Illinois Ave: $1850/mo February 2022 

3/2/1524sqft 

5) Terms:

Our preferred closing attorney

Buyer pays all closing costs

Deal not final until EMD is received at 0 days due diligence

Inspections done prior to binding contract - Contact me for access

Cash/Hard Money only

DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. Any attempts to renegotiate or make conta