Cordova TN Fix & Flip w/ $90k profit potential

[Chris Watkins]

Description: This 3043 sq. foot home has 4 bedrooms and 2 and half baths and was built in 1967. The property offers an in-ground custom gunite swimming pool, a large (.46 acres) lot and a view of the lake right out the front door. Directly across the street from Walnut Grove Lake. 200 feet from lake access (pictured above).

The Challenge: Needs modernization and upgrades. Estimated repairs $70,000.

Opportunity: Once rehabbed, this property could sell for $330,000, properly marketed.

Financial Summary:

Purchase Price: $ 170,000

Renovation: $ 70,000

Total Costs: $ 240,000

Sale Price: $ 330,000

Gross Profit: $ 90,000

MOVE FAST FOR THIS OPPORTUNITY!

For More Information Call: 801-592-4072

Ask for Vernon Castleton