GREAT INVESTMENT OPPORTUNITY! 3 BR (possible 4th), 1.5 Baths with Walk-Out Basement

Forest Park, Georgia
N/A
+13

Listings Stats

Published: Jul 15, 2024
Last Edited: Jul 15, 2024
Listing Type: FSBO
Listing Status: Sold
Number of Views: 239
Days On Flippery: 115
Number of Favorites: 0

The Numbers

Asking Price ($): $180,000
After Repair Value: $240,000
Est. Cost of Repairs: $18,000
Est. Gross Profit: $42,000
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Description of Property

Description of Repairs


  • Access:
    Message Me
  • Build Year:
    1962
  • Home Area(sqft):
    1,225
  • Bedrooms:
    3
  • Property Type:
    Single Family Residence
  • Occupancy:
    Vacant
  • Lot Size(acres):
    0.39
  • Bathrooms:
    1.5
  • Foundation:
    Unfinished Basement
  • Parking:
    Driveway

The Numbers

  • Asking Price ($):
    $180,000
  • As-Is Price/Sq Ft:
    $146.94
  • Est. Cost of Repairs:
    $18,000
  • After Repair Value:
    $240,000
  • ARV Price/Sq Ft:
    $195.92
  • Est. Gross Profit/Equity:
    $42,000
  • Price Negotiable?:
    Yes
  • Purchase Option:
    Cash,
  • Est. Mthly. Rental Rate:
    $1,600
  • Rental Restrictions:
    No
  • HOA:
    No
  • Earnest Money Deposit:
    $5,000

Creative Financing Terms

CASH or Conventional Mortgage

Comparables

No info given

Property Inspection

Location

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