Below Market Priced Fix and Flip in Phoenix,AZ Huge Potential!

[Xavier Williams]

Property with Huge Potential! With the right investor this house can net you some serious profits!

Home is approx. 1475 sq feet with a 12,000+ sq ft lot. 

Home needs a total rehab:

New Windows, Stucco, roof, electrical. floors, bathrooms and kitchens.

If a master suite/bath are added project forecast to profit over $100k.

We are not interested in parties looking to wholesale this property at this time. Please find your buyer first before entering into contract. 

Purchase Price: $239,900

After Repair Value: $515,000

Estimated Rehab: $120,000

Holding cost: $11,520 (Estimated 6 months @ 12%)

Closing Cost buy: $4,800

Closing Cost Sale: $10,200

Realtor Commissions Assuming 5%: $25,500

Potential Net Profit: $103,080

Comps:

2522 E. Whitton Ave Phoenix AZ 4/4 2543 Sq ft $569,900 PENDING

2241 E. Whitton Ave Phoenix AZ 3/2 1625 Sq ft $408,800 SOLD

2441 E. Mitchell Dr Phoenix AZ 4/3 2550 Sq Ft $534,000 SOLD

2623 E. Beekman Pl Phoenix AZ 3/3 2,858 Sq. ft $550,000 SOLD

* These numbers are not guaranteed and are estimated based on our evaluations. Your costs/rehab may differ based on lending situation and or rehab plans/selections. Buyer to do their own due diligence.