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Updated about 16 years ago on . Most recent reply

User Stats

15
Posts
0
Votes
Glenn Daniels
  • Real Estate Investor
  • Denver, CO
0
Votes |
15
Posts

Is the 3rd time the charm

Glenn Daniels
  • Real Estate Investor
  • Denver, CO
Posted

I have been trying to put together a good wholesale deal. I would appreciate your feedback once again on this deal to see if I should pursue it. I would be interested to hear any constructive comments.

Area Location: Northeast Denver
Square Footage: 1219
Bedrooms: 2
Bathrooms 3
Two Levels
Style: Condo/Townhouse

Financial Information:
Comparables: $169.725
Assessors: $189,600
Bank of America $173,700
Average Rental $1050
ROI .14 (.65 factor used)
Rehab cost maximum $30,000 (should be less)

Asking $59,000
$1000 Earnest Money

I am hoping that this will be a quick wholesale deal

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