Price Cut
Check out this cool little flip on a lake! 🛶
Hampton, Georgia
Lakefront on Lake Cindy
Listings Stats
Published:
Aug 24, 2023
Last Edited:
Mar 29, 2024
Listing Type:
Wholesale
Listing Status:
Sold
Number of Views:
1070
Days On Flippery:
487
Number of Favorites:
2
The Numbers
Buy It Now Price:
$105,000
Asking Price ($):
$75,000
Prev.Asking Price ($):
$119,000
After Repair Value:
$200,000
Est. Cost of Repairs:
$50,000
Est. Gross Profit:
$31,000
Description of Property
Awesome potential as your next flip, rental or even airbnb. No HOA or lake dues (according to the seller)
Solid structure needing only cosmetic updates to brighten things up!
Description of Repairs
- Plan on updates, including:
- Flooring
- Interior paint
- Fixtures
- Bathroom
- Kitchen & appliances
- Exterior cosmetics
- Electrical and heat pump presumed good
- Septic may need to be serviced
-
Access:Message Me
-
Build Year:1962
-
Home Area(sqft):1,034
-
Bedrooms:3
-
Heating:Heat Pump
-
Fireplace:No
-
Water:City
-
Property Type:Single Family Residence
-
Occupancy:Owner Occupied
-
Lot Size(acres):0.261
-
Bathrooms:2
-
Cooling:Central A/C
-
Foundation:Crawl Space
-
Sewer:Septic
-
Parking:Driveway
The Numbers
-
Asking Price ($):
$119,000$75,000 -
As-Is Price/Sq Ft:$115.09
-
Est. Cost of Repairs:$50,000
-
After Repair Value:$200,000
-
ARV Price/Sq Ft:$193.42
-
Est. Gross Profit/Equity:$31,000
-
Price Negotiable?:Yes
-
Purchase Option:Cash, Hard Money,
-
Est. Mthly. Rental Rate:$1,500
-
Rental Restrictions:No
-
HOA:No
-
Earnest Money Deposit:$5,000
Comparables
No info given
Please login to view the Map
Flippery, LLC does not guarantee the accuracy of any data presented. This data is solely provided by the site member.
Report a problem
