Cheap Investor Special!

  • House
    1173 ft2
    bedroom 3 Bedrooms
    bathroom 2 Baths
  • Flip
    $27,500
    Status : Sold
    Year Built : 1937
 Description
ARV ~$ 89k

Great house with solid bones! Needs a new roof, plumbing, garage ceiling and electrical panel. Wood flooring needs refinishing upstairs and downstairs. Also needs new kitchen and baths and paint. $30-35k +/- 

*
Need to close on or before 3/20
*Selling our equitable interest. This will be an assignment of contract.
 Rehab Work Needed
 General Amenities
 Distance

 Summary

Overview
Cheap Investor Special! Sold
$27,500
Property ID: OH190213408
Address: Login to View
City: Cincinnati
State/Province: OH
Zip Code: 45211
Country: USA


Flip Analysis

+ Purchase Price: $27,500
+ Purchase Closing Cost: $825
+ Rehab Cost: $35,000
Total Acquisition Cost: $63,325


+ Selling closing cost: $2,670
+ Agent Commision : $2,670
Total Holding Cost: $5,340


Total Flip Cost: $68,665
Projected ARV: $89,000
Net Income (Profit): $20,335
CAP Rate: 29.61%

 Message

5 - 8 = ?