Deal or No Deal??

[Davonte Durden]

*No copyright infringement intended*

I have a deal under contract with HUD and want some of you bright investor's opinion on today's version of deal or no deal:

HUDS Asking Price: $45,000

Accepted Offer Price: $36,500

Total Net to HUD: $38,830.20

ARV: $90k-$100k

Repairs Needed: $0-$10,000

I say $0-$10,000 because the home really needs no work but one of my exit strategies consists of painting, redoing carpet, light fixtures, and a few appliances, you know, cosmetic stuff.

Feel free to take a look at the property since its mine: (1131 New York Ave, Knoxville, Tn)

So, deal or no deal????

All comments and questions welcome!