Beautiful Brick Tudor Flip or Rental $52,000, Great Cash Out Refi Rental!!!

Mahoning County, Youngstown, OH, 44504
Sold
Listed at: June 22nd, 2023
Price
$55,000
Sq. Footage
1960
Type
Single-Family
Parking
Detached Garage
Year build
1926
Lot size
acres
Bedrooms
4
Bathrooms
1.5
Half Bathrooms
0
Summary

Nathan with Hometown Fixer Upper

Assignable Purchase Contract

Property Address: 280 Upland Ave Youngstown OH 44504

Starting Price: $52,000

Buy it Now: $55,000

Repairs: $30,000-$40,000

Offer Deadline: Thursday 6.29 5pm

Due Diligence Links:

πŸ’₯Click Link: Property Pictures & Videos- Areas of Concern & Property Features

πŸ’₯Click Link: Comparable Properties

πŸ’₯Click Link: Comparable Properties Video Overview

πŸ’₯Click Link: Deal Analyzer- Projected Profit & Deal Expenses

πŸ’₯Click Link: Repair Estimate / Preliminary Scope of Work - Cost of Repairs

πŸ’₯Clink Link: Deal Overview Video - Nathan discussing the Best Exit Strategy and the Property 


Fix & Flip- see deal analyzer for further breakdown

Starting Price: $52,000

Repairs/Holding Cost: $36,500-$40,000

ARV: $140,000-$150,000

Realtor/Closing Cost: $8,400

Potential Profit: $43,100-$49,600


BRRR/Buy & Hold - Amazing #’s on a Cash Out Refi Deal!!!

Annual Gross Cash Flow: $12,000-$15,600

Equity Created: $35,000

Cash Out at Refi: $18,000

Buy it: $52,000

Repair Estimate: $35,000

Rent Range: $1,000-$1,300

-Rentometer Report

Refinance 75% LTV: $105,000

All in Cost: $87,000

ARV: $140,000

Estimated Mortgage: $852

-Mortgage Calculator

Taxes: $849.42


Call/text Nathan at 330.302.1930 if you’re interested in this deal, to set up a showing or to make an offer. (include offer deadline)


We hold an assignable purchase agreement to the following property



Occupancy:

Vacant with LBX, Call or Email us for details. 


All Deals available Hometown Fixer Upper:

Contracts Available from Hometown Fixer Upper - Google Sheets


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Videos

Upland Exterior

Upland First Floor

Upland Second Floor

Upland Basement

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Nathan Bibb

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