"Super Rehab Deal GA!" 4/3 Built in 2008- ARV $139,900, End Buyer in Place!

[Ivan Jenkins]

We have a great wholesale deal this week in Riverdale, GA. This is a new, never lived in property available for only $50k. Estimated repairs are about $36k. But here's the kicker....WE HAVE AN END BUYER ALREADY IN PLACE! The buyer has verifiable proof of funds and has already made a deposit to purchase the property once the rehab is done for $139,900!

It doesn't get much better than this. We're unloading this to investors and rehabbers instead of keeping it ourselves because frankly,
we need the cash now to go put into other deals like this one.

Numbers look like this:

PURCHASE/REHAB ASSUMPTIONS
% of ARV
After-Repair Value (ARV) 140,000.00
Purchase Price 50,000.00 36%
Rehab Cost 36,000.00 26%
Total Holding and Closing Costs 2,580.00 2%
Total Project Cost Basis 88,580.00 64%

Total Cash Committed 88,580.00

PROJECTED RESULTS

Projected Resale Price 139,900.00
Projected Cost of Sale 11,192.00
[/b]Flip Profit 40,128.00
ROI 45%
Annualized ROI 181%

Timeline Assumptions:
Time to Complete Rehab: 2 Months
Time to Complete Sale: +/- 1 Months
Total Time: 3 Months

If interested, in seeing photos of the property or more information, feel free to email me at [email protected]. Thanks and we look forward to doing this deal and more to come.