Starting Price: $360,000

Bedrooms: 2

Bathrooms: 1

Square feet: 730 sqft

Built: 1952

Lot: 5,200 sqft

Rehab Estimate: $55,000

ARV: $550,500 ($505,000 before Holding Appreciation)

Profit Analysis: $73,000 / 16.65%

Closing date: Dec 2nd or sooner

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There are two strategies for this property:

1. 20K Rehab and rent out
2. 55K Rehab and flip

This one could be a quick flip as small unit and a comparable property sold as high as $531,000 nearby.

- This one could be a quick flip

- Off-street parking

- Near parks, schools, fitness centers, groceries, and more!

Flip Analysis above. Things to note and assumptions:

- 10% down HML with 1.5 points and 9% rate. I'm assuming you have terms at least this good, but if you don't I'm happy to put you in touch with my lender. Obviously, if you're doing this with cash it's even better.

- Less than a month to rehab, 1 week to go pending, and 4 weeks to close (We can help you list if you'd like for $1,000)

- You pay all closing costs (seller pays own excise)

- Selling Commission is assumed at 2.5%